Brent dropped $1.02, or 1.1%, to $95.94 a barrel, WTI were down $1.24, or 1.4%, at $87.84 a barrel.

Concluding the plenary part, Maksim Malyarchuk, Executive Director of the Russian-Iraqi Business Council at the Chamber of Commerce and Industry of the Russian Federation, spoke about the activities of the Council and assistance to Russian and Iraqi companies in the new conditions.

U.S. commercial crude oil inventories increased by 2.6 million barrels to 439.9 million barrels.

Brent rose 56 cents, or 0.6%, to $96.25 a barrel, WTI gained 41 cents, or 0.5%, to $88.32.

Brent fell $1.03, or 1.1%, to $92.49 a barrel, WTI were down 75 cents, or 0.9%, to $84.57.

Saudi Arabia previously signed in February 2019 several memorandums of understanding for an investment of US$21bn in various sectors of the Pakistani economy, including for the project of a deep conversion refinery and petrochemical complex with an investment of US$12bn.

Brent fell by $1.30 to $91.96 per barrel, WTI fell by $1.24 to $83.34 per barrel.

China's crude imports from Russia have continued to stay elevated through 2022, averaging at 1.71 million b/d over January-August, up 7.3% year on year, according to customs data.

Brent slid $1, or 1.1%, to $92.50 a barrel, WTI was at $84.02 a barrel, down $1.03, or 1.2%.

Saudi Arabia is China's top crude supplier with most of the country's refineries designed to crack Middle East crudes.

U.S. Rig Count is up 2 from last week to 771, Canada Rig Count is down 6 from last week to 210.

Brent slipped 12 cents to trade at $92.26 a barrel, WTI were down by 11 cents to $84.40 a barrel.

U.S. commercial crude oil inventories decreased by 1.7 million barrels to 437.4 million barrels.

Brent rose $1.33, or 1.4%, to $93.74 a barrel, WTI rose $1.43, or 1.7%, to $86.98 per barrel.

Taking into account the recent developments within the Oil Markets,it is safe to say that we are within the murky waters with very troubled vessels to act as a shield.