Brent had slipped 74 cents, or 0.8%, to $86.88 a barrel, WTI were at $79.40 a barrel, down 68 cents or 0.9%.

Oil imports from Russia rose 16% to 7.72 million tons last month, a volume topped only by Saudi Arabia, according to Chinese customs data.

U.S. Rig Count is up 3 from last week to 782, Canada Rig Count is up 1 from last week to 201.

Brent had edged lower by 13 cents or 0.1% to $89.65 a barrel, WTI rose 13 cents, or 0.2%, to $81.77 a barrel.

Aramco is making its biggest ever investment in South Korea to develop one of the world’s largest refinery-integrated petrochemical steam crackers through its S-OIL affiliate, in line with the company’s strategy to maximize the crude to chemicals value chain.

U.S. commercial crude oil inventories decreased by 5.4 million barrels to 435.4 million barrels.

Brent dropped by 60 cents, or 0.6%, to $93.26 a barrel, WTI fell 69 cents, or 0.8%, to $86.23 a barrel.

From a market share of less than 1% in India's import basket before the start of the Russia-Ukraine conflict, Russia's share of India's imports rose to 4.24 million mt, or nearly 1 million b/d, in October, taking a 21% share comparable to that of Iraq and higher than Saudi Arabia's share of around 15% in the country's import basket in the same month,

Japan sees an equity stake in the Sakhalin 1 oil, gas project important as it relies around 95% on Middle Eastern oil imports.

Brent were down 32 cents, or 0.3%, to $95.67 a barrel, WTI fell 39 cents, or 0.4%, to $88.57 a barrel.