"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.

Total industrial production increased 0.7 percent in April. The indexes for mining and utilities increased 0.7 percent and 2.6 percent, respectively; the index for manufacturing rose 0.4 percent despite a drop in motor vehicle assemblies that principally resulted from shortages of semiconductors.

Crude oil production from the major US onshore regions is forecast to increase 26,000 b/d month-over-month in June 2021 from 7,707 to 7,733 thousand barrels/day, gas production to decrease 53 million cubic feet/day from 83,624 to 83,571 million cubic feet/day .

U.S. Rig Count is up 5 from last week to 453, Canada Rig Count is up 4 from last week to 59.

U.S. commercial crude oil inventories decreased by 0.4 million barrels from the previous week to 484.7 million barrels,

Real gross domestic product (GDP) increased at an annual rate of 6.4 percent in the first quarter of 2021

The U.S. goods and services deficit was $74.4 billion in March, up $3.9 billion from $70.5 billion in February

U.S. Rig Count is up 8 from last week to 448, Canada Rig Count is up 4 from last week to 55,