That is 103,000 b/d above UAE quota of 2.590 million b/d, under the OPEC+ supply accord

Shortages of elements used to make batteries and renewable energy equipment could also threaten Europes target of becoming climate neutral by 2050

Brent climbed 61 cents to $45.89 a barrel, WTI rose 53 cents, hitting $43.14 a barrel.

The preliminary level for U.S. dry natural gas production in June 2020 was 2,650 billion cubic feet (Bcf), or 88.3 Bcf/d.

Japan's July crude imports, which were the lowest for the month since 1967, plunged 31.9% year on year to 2.09 million b/d,

the Shanghai Composite also recovered early losses to stand 0.1% higher

A doubling of annual investment in renewables from around USD 300 billion per year to well over USD 700 billion per year will need to take place, with a total of USD 22.5 trillion of energy sector investments made by 2050.

RUSHYDRO'S NET PROFIT RUB 46,825 mn

Profit attributable to the owners of PJSC Gazprom amounted to RUB 32,919 million for the six months ended June 30, 2020.

Brent advanced to $46.50 a barrel, WTI was at $43.48 a barrel, up 51 cents, or 1.2%.

ADNOC informed customers who lift contracted monthly volumes -- known as term lifters -- that it would cut the quantity of volumes available for export over October by 30% for its more popular Murban and Upper Zakum grades and for Umm Lulu and Das Blend,

Natural gas and LNG is set to remain Petrochina's strategic business after it had agreed to transfer gas pipeline, storage facilities and LNG terminals to China Oil & Gas Piping Network Corp.,

Over the last two years, the UK Manufacturing sector’s share of energy consumption is projected to increase to 17% up from 16% in 2018.

In terms of energy stored and released, hurricanes pack a huge punch.

U.S. Rig Count is unchanged from last week at 254, Canada Rig Count is down 2 rigs from last week to 54