U.S. commercial crude oil inventories decreased by 3.0 million barrels from the previous week to 432.6 million barrels.

Brent was down 71 cents, or 1%, at $71.54 a barrel, WTI was down 77 cents, or 1.10%, at $67.59 a barrel.

"This means that the Nord Stream 2 gas connection pipeline is subject to German regulation by the Federal Network Agency

In the first four months of this financial year (FY), from April to July 2021, investment in the Indian renewable energy sector reached US$6.6 billion, surpassing the US$6.4 billion level for FY2020/21 and on track to easily overtake the US$8.4 billion total achieved in 2019/20 prior to the pandemic.

In the first half of 2021, the fund returned 9.4 percent, equivalent to 990 billion kroner.

Saudi Aramco net income: $25.5 billion (Q2) / $47.2 billion (H1)

Preliminary production figures for July 2021 show an average daily production of 2 035 000 barrels of oil, NGL and condensate.

The reported net profit after tax of US$354 million includes net gains on asset sales and is significantly higher than the corresponding period mainly due to impairments included in the previous half-year result.

U.S. Rig Count is up 3 from last week to 503, Canada Rig Count is down 8 from last week to 156.

Brent dropped 9 cents, or 0.1%, to $70.96 a barrel, WTI fell 19 cents, or 0.3%, to $67.35.