The black commodity extended its gains at the opening earlier in the week following possible European sanctions on Russian oil and a suspension of oil production by Libya.
Last week, the European Union (EU) said it was drafting a proposal to ban Russian crude oil, but diplomats said Germany did not support immediate sanctions being implemented.
Tensions escalated over the weekend, with Ukrainian troops rejecting Russian calls to lay down weapons on Sunday in the ruined port of Mariupol.
Meanwhile, Libya halted oil production from the El Feel oil field on Sunday and exports to the oil port of Zuetina were suspended after protesters urged Prime Minister Abdulhamid al-Ddeibah to resign.
The cessation of operations at EL Feel and Zuetina would cripple Libya's oil production, which averaged 1.21 million barrels a day before the conflict. As a result, the country's production is limited to 70,000 barrels a day.
Towards the end of the Asian session, Brent oil futures traded strong at around $ 112 a barrel while US WTI traded stable at $ 103 a barrel.
Also supporting prices was a positive reading in China's growth in the first quarter which showed the world's second-largest economy continued to grow despite the threat of a Covid-19 contagion.
