U.S. Total industrial production rose 5.4 percent in June after increasing 1.4 percent in May

The euro was last trading 0.1% down at $1.1401

Crude oil production from the major US onshore regions is forecast to decrease 56,000 b/d month-over-month in July from 7,546 to 7,490 thousand barrels/day, gas production to decrease 712 million cubic feet/day from 80,266 to 79,554 million cubic feet/day .

U.S. Rig Count is down 5 rigs from last week to 258, Canada Rig Count is up 8 rigs from last week to 26

U.S. commercial crude oil increased by 5.7 million barrels from the previous week to 539.2 million barrels.

The intervention of the United States, the G-20 and other leading producing countries was vital in securing April’s historic production deal to rebalance and stabilize oil markets reeling from the pandemic.

U.S. oil and gas extraction businesses shed 1,200 jobs last month.

While long heralded as a cleaner alternative to coal and heating oil, gas is now getting shoved aside in the fight against climate change

The U.S. Climate Crisis Action Plan includes support to keep existing nuclear plants

the U.S. unemployment rate declined to 11.1 percent