U.S. Rig Count is up 7 from last week to 491, Canada Rig Count is down 1 from last week to 149.

Brent were up 60 cents, or 0.8%, at $74.72 a barrel , WTI were up 69 cents, or 1%, at $73.63.

The spot and long-term LNG pricing dynamics have shifted dramatically from 2020 to 2021, with record lows to record highs recorded in a period of nine months.

U.S. commercial crude oil inventories decreased by 6.9 million barrels from the previous week to 445.5 million barrels.

The European Parliament (EP) has approved the €30bn upgraded Connecting Europe Facility (CEF) programme for 2021 to 2027, with 60% for projects that help achieve the EU’s climate objectives and 15% of energy pillar funds for cross-border renewable energy projects.

In fusion, the Euratom Work Programme sets a clear strategy for EUROfusion - the European Consortium for Development of Fusion Energy.

The Indonesian state-owned oil and gas company PT Pertamina plans to invest US$12bn to add 10 GW of "clean" power capacity by 2026, including 6 GW of gas-fired power plants, 3 GW of renewables such as geothermal and 1 GW from other projects like “blue” and “green” hydrogen.

Before work was suspended, it was in line to be the world’s first operating SMR. The government licensed it as a prototype in 2009.

In June 2021, the Chamber of Deputies of Chile has approved a bill that prohibits the installation and operation of coal-fired power plants.

Brent slipped by 23 cents, or 0.3%, to $73.20 a barrel, WTI were down 33 cents, or 0.5%, at $71.87 a barrel.