U.S. commercial crude oil inventories decreased by 5.1 million barrels from the previous week to 479.3 million barrels.

Ensuring that these energy systems are efficient and reliable, integrating larger shares of renewables coupled with nuclear energy, which is a significant part of today’s electricity production in both our countries, will be crucial to accelerate energy transitions

U.S. Rig Count is up 2 from last week to 457, Canada Rig Count is up 4 from last week to 62.

Weekly US coal production was estimated at 11.6 million st, down 5.4% from the previous week, but up 37.2% from the comparable week a year ago

U.S. commercial crude oil inventories decreased by 1.7 million barrels from the previous week to 484.3 million barrels.

The statement came in line with the summit between South Korean President Moon Jae-in and U.S. President Joe Biden held at the White House on Friday.

U.S. Rig Count is up 2 from last week to 455, Canada Rig Count is down 1 from last week to 58.

"The main issues, oil sanctions, petrochemical sanctions, shipping sanctions, insurance and so on and so forth, Central Bank and banks ... have been wrapped up," Iranian President Hassan Rouhani said on state television

The five-year average for week 19 is about flat with the most recent week at about 12.3 million st. Over 19 weeks, production was about 207 million st, up 3.3% from the year-ago period.

U.S. commercial crude oil inventories increased by 1.3 million barrels from the previous week to 486.0 million barrels.