U.S. crude oil production declined 8.9 percent from year ago levels. However, at an average of 8.6 million barrels per day, domestic crude oil production in September increased by 0.8 percent from August–the first month over month increase in six months. Compared with year to date 2015, domestic crude oil production declined 6.1 percent. Compared to third quarter of 2015, crude oil production decreased 8.5 percent for the third quarter of 2016. September crude oil production was the third highest level for the month and the second highest year to date level in 31 years, since 1985.

U.S. Rig Count is down 234 rigs from last year's count of 787, with oil rigs down 151, gas rigs down 85, and miscellaneous rigs up 2. Canadian Rig Count is down 47 rigs from last year's count of 190, with oil rigs down 15, and gas rigs down 32.

For the April-September period, India’s LNG imports were 12.7bn m³, up almost by 27% on year.

However, Russian oil and natural gas companies’ capital investment programs have been less affected, if at all.

Shell’s net debt has more than doubled to $75bn since its £35bn takeover of BG Group was completed in February.

An oasis of calm in a hot region, the UAE is at once a critical geo-market and the ideal gateway to the most important oil and gas region in the world.

Deputy Minister of Petroleum and Managing Director of National Iranian Gas Company (NIGC) Hamid-Reza Araqi says Iran is not rival to Russia in European gas market.

USA oil production down 30 tbd, gas production down 178 mcfd.

USA Rig Count is down 248 rigs from last year's count of 787, with oil rigs down 163, gas rigs down 87, and miscellaneous rigs up 2. Canadian Rig Count is down 16 rigs from last year's count of 181, with oil rigs up 14, and gas rigs down 30.

The three facilities have the combined capacity to supply 25mn mt/yr of LNG –equal to about 8% of the world’s production, Bechtel said October 11.