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.

India has above-ground and underground storage for LPG, owned by oil marketing and refining companies.

Now Chinese industry giants like vehicle-maker BYD and battery-producer CATL are well-positioned to capitalize on growing interest in low-emissions energy products as the world confronts the fragility of fossil fuels.

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.

Rolls-Royce SMR was selected as the UK government's preferred technology for the country's first small modular reactor (SMR) project in June last year, and GBP2.6 billion was allocated in the 2025 Spending Review to enable this contract and wider programme delivery.

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

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

Brent crude futures traded at about $104.1 a ⁠barrel, U.S. ​West Texas Intermediate was down 7.8% at $90.55.

Brent futures rose $1.67, or 1.5%, to $110.32 ​a barrel at 1030 GMT, while U.S. West Texas Intermediate (WTI) crude added 33 cents, or 0.3%, to $96.47.

With the culmination of the Ramadan festivities this week,the main agenda has been cutting through the noise in the global Oil markets.

With countries around the world facing energy, climate and security challenges, IAEA Director General Rafael Mariano Grossi said nuclear energy is now widely recognized as an essential part of the solution.

World first policy: The UK will be the first country in the world to offer a market framework for fusion electricity to de-risk and incentivise private investment and enable fusion to power homes and businesses.

In an update outlining its first year of operation, the agency highlighted its development of a strategy for the nuclear industry to 2050 and the selection of Russia's Rosatom as the leader of an international consortium to build the country's planned new plant, to be named Balkash and located in the Zhambyl district of the Almaty region.

"Finland will always need carbon-free, affordable and reliable energy, such as nuclear energy," Minister of the Environment and Climate Sari Multala said.