The share of imports from Russia has likely risen because of lower imports into China and shifting trade patterns following Russia’s full-scale invasion of Ukraine. Western economic sanctions have reduced demand for Russian crude oil, and as a result, have left Russia to look for alternative export destinations.

Brent were up 70 cents, or 0.78%, to $90.53, WTI was up 71 cents, or 86%, at $83.65.

Brent rose $2.28, or 2.5%, to $92.90 a barrel, WTI was at $86.16 a barrel, up$2.22, or 2.6%.

Benchmark futures jumped as much as 10% for a second day of gains. In the latest move to ensure supply, Germany said it will nationalize Uniper SE and avert a collapse of the energy sector with winter just days away.

G7 countries have also agreed to finalize a price cap for Russian crude. The US Treasury has indicated that three separate price caps will be introduced -- for crude, high-value refined products and low-value refined products.

Brent fell $1.17, or 1.3%, to $90.18, WTI dropped $1.14, or 1.3%, to $83.97.

Russia is still the biggest source of the trade bloc's shipped crude with more than 1.2 million b/d of imports landing in the region in early September, the data shows, little changed on the month.

Benchmark prices dropped as much as 8.8% on Monday, extending last week’s decline. Germany, the U.K. and others plan to spend billions to ease their reliance on Russian imports, rescue local energy companies, and cap prices to alleviate pressures on businesses and households.

With European energy prices at acute levels, there are huge risks that could destabilise the whole social, economic, and political fabric of Europe.

Brent were up $1.04, or 1.1%, at $91.88 a barrel, WTI gained 69 cents, or 0.8%, to $85.79, down 1.2% this week.