U.S. Rig Count is up 5 from last week to 266, Canada Rig Count is up 4 from last week to 75

The United States grew to become the world’s largest oil producer at nearly 13 million barrels per day (bpd), led by shale companies.

The Nuclear Fuel Working Group, established by Trump in 2019 to undertake a full analysis of national security considerations with respect to nuclear fuel supply chain after a Section 232 Petition from two US uranium miners asked for a quota on uranium imports, has already called for action be taken to strengthen the country's uranium mining industry.

"Israel, the United Arab Emirates, and the United States are committed to exploring collective activities in multilateral settings in coordination with financial institutions and the private sector to enhance international investment in research and development and the rapid adoption of new energy technologies," the statement added.

U.S. commercial crude oil inventories decreased by 2.0 million barrels to 492.4 million barrels

U.S. real gross domestic product (GDP) decreased at an annual rate of 31.4 percent in the second quarter of 2020

U.S. Rig Count is up 6 from last week to 261, Canada Rig Count is up 7 from last week to 71

Natural gas consumption in the U.S. industrial sector declined from 25.4 billion cubic feet per day (Bcf/d) in January 2020 to 20.1 Bcf/d in June 2020,

U.S. commercial crude oil inventories decreased by 1.6 million barrels to 494.4 million barrels,

Despite a decline since the record monthly high of 3.7 million b/d in February, U.S. crude oil exports averaged 3.2 million b/d in the first half of 2020, up from 2.9 million b/d in the first half of 2019.