Shipments from Asia, including India, are expected to total between 1.8 million and 2 million metric tonnes, equivalent to roughly 13.4 million to 14.9 million barrels, during August
Both benchmarks had settled more than $1 higher on Tuesday, reaching their highest closing levels since July 31
Oil prices are now at their highest levels since the two countries signed a memorandum of understanding on June 17 aimed at ending the conflict