Brent climbed 50 cents, or 0.5%, to $93.80 a barrel, WTI gained 63 cents, or 0.7%, to $90.26 a barrel.

“Russian and Australian coal shipments are taking market share from China’s biggest exporter Indonesia this year,”

Brent rose 28 cents to $90.92 a barrel, WTI edged 35 cents higher to $87.64.

The conflict between Russia and Ukraine has caused immense war-related devastation, resulting in loss of life, displacement of communities and damage to infrastructure. The ongoing war is exacerbating the economic burden on Ukraine and has far-reaching implications for neighbouring countries and international stability.

Brent was up 17 cents, also 0.2%, at $87/bbl, WTI up 13 cents, or 0.2%, at $83.76 a barrel.

Brent fell 16 cents, or 0.2%, to $83.20 a barrel, WTI fell 18 cents, or 0.2%, to $78.91 a barrel.

Saudi Arabia's crude shipment to China are averaging 1.9 million b/d in August, up from 1.3 million b/d a month earlier, while Russia inflows are at 1.38 million b/d, up on month from 1.36 million b/d, according to Kpler shipping data. Imports from Saudi Arabia were at a 12-month low of 1.33 million b/d in July, while Russian shipments dropped to 1.91 million b/d in the month, the lowest since April, China General Administration of Customs data showed.

Brent fell 4 cents to $86.36 a barrel, WTI were down 2 cents at $82.80 a barrel.

The committee reaffirmed the commitment of its member countries to the DoC which extends to the end of 2024 as agreed in the 35th OPEC and non-OPEC Ministerial Meeting (ONOMM) on 4th of June 2023.

Brent rose 10 cents, or 0.1%, to $85.24 a barrel, WTI rose 17 cents, or 0.2%, to $81.72.