Shares of energy companies fell amid skepticism that the "Phase One" deal between the U.S. and China was as substantial as initially thought.
Russian President Vladimir Putin is set to discuss the future of the so-called OPEC Plus crude-oil production pact during a visit to Saudi Arabia.
ConocoPhillips agreed to sell its operations in northern Australia to Santos for $1.39 billion.
Italian oil giant Eni said its chemical unit Versalis launched a line of products made from recycled plastic from domestic waste collected in Italy.
Natural gas prices rebounded from a six-week low.
Iranian President Hassan Rouhani said Tehran had evidence that the Iranian tanker damaged in the Red Sea was attacked with rockets fired from boats, and warned that those responsible would face consequences, as reported earlier.
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