U.S. Rig Count is down 15 rigs from last week to 781, Canada Rig Count is up 118 rigs from last week to 203

Brent were up 26 cents, or 0.38%, to $68.53, WTI gained 10 cents, or 0.16%, to $62.80 a barrel.

The Norwegian Petroleum Directorate projects that the overall production of oil and gas in 2024 will be close to the record year 2004 – among other things due to Sverdrup and because the Johan Castberg field in the Barents Sea is scheduled to come on stream in 2022.

Brent were up 26 cents, or 0.38%, to $68.53, WTI gained 10 cents, or 0.16%, to $62.80 a barrel.

"The market is well-supplied," Suhail Mazrouei said in Abu Dhabi. "I would say now we are not forecasting a shortage of supply unless we have a catastrophic escalation which we don't see."

expects India's oil demand to grow by 170,000 b/d in 2020, up from 155,000 b/in 2019.

Brent soared to a high of $70.74 a barrel, WTI was at $64.15 a barrel,

Capital expenditures were $75 billion in third-quarter 2019, 9% lower than in third-quarter 2018.

Foreign direct investments (FDI) into Oman jumped to $30.26bn (RO11.65bn) in Q2 2019, up 13.3% from the same period in 2018, when it got $26.7bn (RO10.29bn) in FDI, according to the National Centre for Statistics and Information. Investment into manufacturing reached $4.15bn (RO1.6bn) in Q2 2019,

U.S. Rig Count is down 9 rigs from last week to 796, Canada Rig Count is down 14 rigs from last week to 85