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Crude futures recovered on the day to settle at a modest delta following a dramatic open that saw WTI slide down more than 7%.

Oil slipped as broader investment sentiment soured and traders weighed signs of a weakening physical market ahead of the start of the US summer driving season.

Oil posted its first weekly gain in three weeks as the European Union continued to debate how it can decrease its reliance on Russian exports and Saudi Arabian energy assets came under attack.

Oil supply cuts have curbed the need for tankers.

Oil was little changed as traders wait to see if a week of key data inputs can break the market from its recent torpor.

Oil fluctuated in a narrow range as risk-off sentiment prevailed in broader markets and traders monitored Israel's response to an unprecedented attack by Iran.

Oil settled little changed after swinging in a narrow range throughout the session, with a buildup in US stockpiles and a potential cease-fire in the Middle East suppressing a rebound from yesterday's sharp losses.

Oil settled little changed, paring earlier gains, after a drop in broader equity markets countered optimism that China may ease quarantine restrictions.

Oil was little changed as traders wait to see whether OPEC and its allies will intervene in the market at their upcoming meeting.

Oil was little changed as traders weighed increasing military activity in the Middle East against diplomatic efforts to alleviate the conflict.