U.S. Rig Count is down 1 from last week to 542, Canada Rig Count is down 4 from last week to 164.

Non-OECD countries in Asia will collectively become the largest importers of natural gas by 2050.

China's pipeline gas imports have been setting new records in the past three months, and September was the fourth consecutive month-on-month increase since June, the customs data showed.

In 2018, China became the world's 2nd largest LNG importer in the world behind Japan. LNG imports amounted to 90.5 bcm in 2020 (+12%). Australia is the largest LNG supplier (44%), followed by Qatar (12%) and Malaysia (9%).

Preliminary production figures for September 2021 show an average daily production of 2 022 000 barrels of oil, NGL and condensate.

Gazprom’s gas supplies to Turkey soared by 125.3% year-on-year between Jan. 1-Oct. 15, the data showed, while exports to Germany and Italy were up 28.2% and 16.3.% from a year ago, respectively.

Several factors are fuelling this price surge in energy commodities – primary among them is energy demand having rebounded as economies get back to business and consumers return to pre-pandemic levels of economic activity.

Temperatures have dropped sharply in many parts of northeast and northwest China, state media said. In Heilongjiang, all heating systems have been opened, and heating companies in Harbin city began supplying heat 4 days earlier than normal, Yulin in Shaanxi province is 10 days ahead of schedule, and Datong in Shanxi province started 13 days earlier than previous years.

Russia has repeatedly said that the early launch of Nord Stream 2 would help ease the current high gas prices in Europe, which have soared in recent weeks on intensifying concerns over winter gas supply amid lower-than-expected Russian deliveries.

U.S. Rig Count is up 10 from last week to 543 , Canada Rig Count is up 1 from last week to 168.