PLATTS - OPEC's crude oil production in August, not including newest member Congo, rose to a 10-month high, with Iraq surging to record output and Libya recovering from militia fighting, more than offsetting Iran's slide as the sanctions-hit country struggles to keep its customers, according to the latest S&P Global Platts survey.

U.S. EIA - The United States exported 7.3 million barrels per day (b/d) of crude oil and petroleum products in the first half of 2018, when exports of crude oil and hydrocarbon gas liquids (HGL) set record monthly highs. Crude oil surpassed HGLs to become the largest U.S. petroleum export, with 1.8 million b/d of exports in the first half of 2018. U.S. exports of crude oil, HGLs, and motor gasoline grew in the first half of 2018 compared with the same period in 2017, while distillate exports decreased 84,000 b/d

GAZPROM - Pursuant to Gazprom’s revised draft investment program for 2018, the overall amount of investments will stand at RUB 1,496.328 billion, which is RUB 217.498 billion more than was envisaged in the investment program approved in December 2017.

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 $50.1 billion in July, up $4.3 billion from $45.7 billion in June, revised.

PLATTS - China's crude imports from Iran are likely to have peaked in August at 874,000 b/d ahead of the looming re-imposition of US sanctions in November,

REUTERS -U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $69.14 per barrel at 0642 GMT, down 73 cents, or 1 percent, from their last settlement. International Brent crude futures LCOc1 fell 60 cents, or 0.8 percent, to $77.57 a barrel.

PLATTS - Russian natural gas flows to western and central Europe recovered strongly in August -- after a dip in July because of pipeline maintenance -- as demand for Russian gas remained buoyant to meet demand from both the power and storage sectors,

INTERFAX-UKRAINE - The NBU said that the deficit of the current account in July 2018 accounted for $1.102 billion, which is 8.8 times more than in June 2018 and 2.7 times more than in July 2017.

REUTERS -Brent crude oil LCOc1 was up 45 cents at $78.09 a barrel by 1045 GMT. U.S. crude CLc1 was 10 cents higher at $69.90.

REUTERS -Russian oil output stood at 11.21 million barrels per day (bpd) in August, virtually unchanged from July and steady near a post-Soviet high as production curbs were eased, Energy Ministry data showed on Sunday.

OPEC - The JMMC noted that countries participating in the “Declaration of Cooperation” have achieved a conformity level of 109% in July 2018, which shows significant progress towards the goal set at the 4th OPEC and Non-OPEC Ministerial Meeting of 23 June 2018, which followed and endorsed decisions taken at the 174th Meeting of the OPEC Conference convened on 22 June 2018.

PLATTS - Saudi Arabia will report August crude oil production of 10.424 million b/d, an OPEC source told S&P Global Platts on Friday. The figure represents a 136,000 b/d increase from July, when Saudi Arabia, OPEC's largest producer and the world's largest crude exporter, self-reported production of 10.288 million b/d.

PLATTS - OPEC's second-largest producer, Iraq, boosted its southern crude oil exports to a new record high of 3.583 million b/d in August, according to the latest oil ministry data.

REUTERS -India’s annual economic growth surged to a more than two-year high of 8.2 percent in the three months through June, giving Prime Minister Narendra Modi’s government a political boost in the final year of his term before elections.

BAKER HUGHES A GE - U.S. Rig Count is up 4 rigs from last week to 1,048, with oil rigs up 2 to 862, gas rigs up 2 to 184, and miscellaneous rigs unchanged at 2. Canada Rig Count is down 1 rig from last week to 228, with oil rigs down 2 to 151 and gas rigs up 1 to 77.