Markets were little changed on Tuesday after rising in the previous session as investors took a more mixed view of Russia's lack of refining capacity after the recent Ukraine attack.
Although the slightly weak position of the US dollar currency gives some support to the price.
Meanwhile, Brent crude oil for May rose 7 cents to $86.82 a barrel and US West Texas Intermediate (WTI) crude rose 6 cents to $82.01 a barrel today.
Brent rose 1.5% in Monday's session while WTI rose 1.6% higher after the Russian government ordered companies to cut production in the second quarter to meet a target of 9 million barrels a day to comply with the agreement to the OPEC+ consumer group.
Russia, the world's third-largest oil producer and one of its biggest exporters, has been dealing with recent attacks on its oil refineries by Ukraine that have disrupted about 900,000 barrels a day.
It may continue to drag on for several weeks if this conflict continues.
Following the Ukrainian drone attack last Saturday, Russian oil producer Rosneft shut down its 70,000-barrel-a-day crude oil unit at the Kuibyshev refinery in the city of Samara.
While the Russian strikes and cuts seem less obvious, the weakness of the US dollar in the previous session somewhat supported prices.
The biggest geopolitical risk that recovers due to the successful implementation of the ceasefire between Israel and Hamas remains the main price support factor for oil for now.
