Brent fell 30 cents, or 0.36%, to $82.86 a barrel, WTI fell 25 cents, or 0.32%, to $78.13 a barrel.

Proceeds for the Russian budget from oil-related taxes jumped to 1.053 trillion rubles ($11.5 billion) last month compared to nearly 497 billion rubles in April 2023, according to Bloomberg calculations based on Finance Ministry data. Total oil and gas revenues in April increased nearly 90% year-on-year, to 1.23 trillion rubles, according to the data.

Brent were up 23 cents, or 0.28%, at $83.56 per barrel , WTI rose 24 cents, or 0.31%, to $78.72 a barrel.

Differentials for the flagship Arab Light grade were priced at Platts Dubai/DME Oman +$2.90 per barrel, up from +$2 a barrel in April.

Brent climbed 28 cents, or 0.3%, to $83.24 a barrel , WTI were at $78.40 a barrel, up 29 cents, or 0.4%.

Brent rose 16 cents to $83.83 a barrel, WTI rwas up 19 cents to $79.14 per barrel.

The acceptance of Sovcomflot tanker by the country’s largest refiner carries significance as it could embolden other smaller refiners to also use the Sovcomflot vessels for their oil purchases from Russia.

It trails China and the US in areas such as manufacturing of clean technologies thanks to a mix of burdensome regulations and higher energy prices. Electricity prices in the EU are typically twice to three times higher than in the US.

Brent gained 31 cents, or 0.4%, to $89.32 a barrel, WTI rose by 23 cents, or 0.3%, to $83.80 a barrel.

Worries include uncertainty over remaining Russian flows through Ukraine and rebounding gas demand in Asia. A colder-than-normal winter spurring consumption at home is also seen as more likely after two consecutive mild ones.

The capacity for transmitting electricity to Belgium, Germany, Switzerland and Italy has been reduced since early March, according to French power-grid operator RTE. That’s depriving those nations of exports of cheaper French nuclear power and boosting wholesale prices across the region.

Brent traded 27 cents higher at $87.27 a barrel, WTI gained 26 cents to $82.16 a barrel.

The data indicated that the Kingdom’s crude exports rose to 6.32 million bpd, reflecting a monthly increase of 0.32 percent.

Brent slipped 56 cents, or 0.62%, to $89.46 a barrel, WTI fell 63 cents, or 0.74%, to $84.73 a barrel.

Brent climbed 51 cents, or 0.57%, to $90.25 a barrel, WTI rose 61 cents, or 0.72%, to $85.63.