US equity futures were little changed pre-bell Tuesday as investor sentiment steadied following a volatile, oil-driven session.

Dow Jones Industrial Average futures were 0.1% lower, S&P 500 futures were down 0.2%, and Nasdaq futures were 0.1% lower.

Oil prices were lower, with front-month global benchmark North Sea Brent crude down 5.7% at $93.30 per barrel and US West Texas Intermediate crude 4.7% lower at $90.32 per barrel after President Donald Trump said the US-Iran war may end soon, easing supply fears.

On Monday, the commodity hit the $100-per-barrel mark as the closure of the vital Strait of Hormuz drove Middle Eastern producers to cut output.

The February existing home sales bulletin, scheduled for release at 10 am ET, is expected to show a decline to a 3.88 million annual rate from 3.91 million previously, according to estimates compiled by Bloomberg.