Investors focused on oil prices as Moscow banned fuel exports amid concerns of supply shortages and possible demand weakening from interest rate hikes.
Brent crude futures increased by 0.5% to $93.75 a barrel at 0110 GMT, after a 3-cent drop on Friday’s settlement.
US West Texas Intermediate crude futures rose for a second consecutive session, trading at $90.53 per barrel, up 50 cents or 0.6 percent.
