Brent declined by $1.34, or 1.35%, to $98.05 ​a barrel, WTI ​fell $1.65, or 1.74%, to $93.40 a barrel.

The International Monetary Fund downgraded its growth projection for the year after the war in the Middle East triggered a major oil shock and included the possibility of a downturn if the conflict drags on and energy infrastructure is severely damaged.

On the onset of NaturalGas pricing for the week at $2.60/MMBtu depicting an 18-month low,clarity is emerging that it's becoming a stranded asset with a workforce attached to it.

Rosatom’s first uranium-plutonium fuel for VVER reactors was REMIX fuel – its pilot operation was successfully completed at the Balakovo in March.

Rosatom is already developing the lunar NPP. A prototype of the system, called “Selena”, will be ready by 2032, the President of the Kurchatov Institute, Mikhail Kovalchuk, told a scientific conference at the Space Research Institute of the Russian Academy of Sciences.

The contract hit a session high of $113.97 a barrel on Thursday before settling at $111.42 a barrel.

Russia will not supply oil to the countries that maintain a price ceiling, according to the Russian Deputy Foreign Minister, Andrey Rudenko.

Russia has emerged as one of the beneficiaries of the war, with the conflict lifting crude prices and Washington easing long-standing curbs on its exports.

Brent rose by $3, or 2.78%, to $111.01, WTI were up $2.59, or 2.74%, at $97.07.

The European Union’s energy chief told member states last week to start injecting into gas storage early in order to avoid supply competition that could push prices up over summer.