Brent were down $7.15, or 7.2%, at $91.81, WTI was down $6.26, or 6.6%, at $88.51 a barrel.

Brent was up $2.25, or 2.8%, at $83.65, WTI rose $2.56, or 3.4%, to $77.22.

Brent were at $79.44 a barrel, up $1.70, WTI jumped $1.17, or 1.6%, to $72.40.

Benchmark futures jumped as much as 25% — the biggest increase since August 2023 — after tanker traffic through the Strait of Hormuz largely halted over the weekend.

Brent rose 36 cents, or 0.51%, to $71.11, WTI was at $65.59, up 38 cents, or 0.58%.

Millions of barrels of Russian oil stored on tankers at sea could still provide Indian refiners with a quick and cheap solution, provided they get the nod from New Delhi.

Brent up 6 cents at $70.83, WTI rose 4 cents to $65.67.

Deliveries of Russian crude to Chinese ports rose to 2.09 million barrels a day in the first 18 days of February, vessel-tracking data compiled by Bloomberg show. The increase — from 1.72 million barrels a day in the whole of January and 1.39 million in December — has more than offset a drop from India.

Brent edged down 28 cents, or 0.4%, to $71.38, WTI lost 20 cents, or 0.3%, to $66.23.

Brent rose 23 cents or 0.34% to $67.65, WTI was up 19 cents or 0.3% at $62.52.

In terms of LNG trucking, India is still way behind China. However, it offers good growth potential

OPEC+ production dipped in January to 42.56 million b/d, a decline of 270,000 b/d compared to December levels and the first monthly drop in 13 months,driven by output cuts in Kazakhstan, Russia, Nigeria and Libya.

Brent were down 16 cents, or 0.23%, at $68.88, WTI fell 20 cents, or 0.31%, to $64.16.

Against a backdrop of intensifying Western economic coercion, renewed attempts to weaponize trade, the slowdown in Russia–China bilateral trade, and the U.S.-India oil narrative curbing India’s imports of Russian energy, as well as visible stress fractures in the global energy system, the Putin-Xi dialogue emerged as a crucial strategic calibration for Russia and China.

Globally, over 666 million people do not have access to electricity. If those without electricity were a country, they would be the third most populous on earth.