BLOOMBERG - Russia’s crude and condensate output averaged 11.412 million barrels a day last month, according to data from the Energy Ministry’s CDU-TEK unit released Friday. That’s about 160,000 barrels a day more than two years ago, before Russia agreed to cut supply with OPEC. It’s a post-Soviet record, and not far off the highest-ever output.

МИНЭНЕРГО РОССИИ - На фоне происходящих интеграционных процессов на Евразийском пространстве Электроэнергетический Совет СНГ продолжает играть важную роль в рамках объединения энергосистем государств Содружества.

FT - Russia has vowed to help Iran counter US attempts to throttle its oil sales when sanctions come into effect next week, saying it will continue trading Tehran’s crude in defiance of Washington.

U.S. BEA - The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $54.0 billion in September, up $0.7 billion from $53.3 billion in August,

U.S. BLS - Total nonfarm payroll employment rose by 250,000 in October, and the unemployment rate was unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, in manufacturing, in construction, and in transportation and warehousing.

WNN - The UK and Canada signed a bilateral Nuclear Cooperation Agreement (NCA), the third such agreement signed by the UK this year in preparation for its exit from the European Union. It will allow the UK and Canada to continue their "mutually beneficial" civil nuclear cooperation when current European Atomic Energy Community (Euratom) arrangements cease to apply in the UK, Department of Business, Energy and Industrial Strategy (BEIS) said.

MEOG - ADNOC plans $132bn Capex until 2023, gas self-sufficiency and oil production capacity of 4mn bpd in 2020

EXXONMOBIL - Exxon Mobil Corporation announced estimated third quarter 2018 earnings of $6.2 billion, or $1.46 per share assuming dilution, compared with $4 billion a year earlier.

BHGE - U.S. Rig Count is down 1 rig from last week to 1,067, with oil rigs down 1 to 874 and gas rigs unchanged at 193. Canada Rig Count is down 2 rigs from last week to 198, with oil rigs down 3 to 121, gas rigs up 1 to 77, and miscellaneous rigs unchanged at 0.

REUTERS - Front-month Brent crude futures were at $72.88 per barrel at 0737 GMT on Friday, 1 cent below their last close. They first fell on Friday on surging supplies, before rising with global markets and then dipping again on the back of the reported Iran sanctions waivers. U.S. West Texas Intermediate (WTI) crude futures were down 33 cents, or 0.5 percent, at $63.36 a barrel.