Preliminary production figures for October 2021 show an average daily production of 2 062 000 barrels of oil, NGL and condensate.

Brent lost 26 cents, or 0.3%, to $78.63 a barrel, WTI were down 12 cents, or 0.2%, at $75.82 a barrel.

Due to evolving nature of Reliance's business portfolio, Reliance and Saudi Aramco have mutually determined that it would be beneficial for both parties to re-evaluate the proposed investment in O2C business in light of the changed context.

U.S. Rig Count is up 7 from last week to 563, Canada Rig Count is down 1 from last week to 167.

Brent was up 77 cents, or 0.9%, at $82.01 a barrel, WTI was up 79 cents, or 1%, at $79.80 a barrel.

Four tankers with 2 million barrels of Russian diesel aboard, the most in data going back to 2018, are set to arrive next week, as natural gas-rich Russia cranks up diesel-producing units that are dependent on a feedstock extracted from costly natural gas,

U.S. commercial crude oil inventories decreased by 2.1 million barrels from the previous week to 433.0 million barrels.

Brent was down 83 cents, or 1%, to $79.87 a barrel, WTI were down $1.13, or 1.4%, at $77.23 a barrel.

Brent dropped 50 cents, or 0.6%, to $81.93, WTI fell 57 cents, or 0.7%, to $80.19 a barrel.

Global energy demand is set to increase from 275.4 mboe/d in 2020 to 352 mboe/d by 2045