This past year has been a whirlwind for large cities with the pandemic, with a significant exodus of residents, talents, and life. People have been moving to smaller and medium-sized municipalities due to remote working opportunities, affordability, and quality of life.

U.S. Rig Count is up 9 from last week to 470, Canada Rig Count is up 24 from last week to 117.

Brent was up 4 cents, or 0.1%, at $75.60 a barrel, WTI was up 1 cent, or less than 0.1%, at $73.31 a barrel.

OPEC+ negotiations on August production levels will pick up in earnest on June 29, with a meeting of the delegate-level advisory Joint Technical Committee, before the nine-country Joint Ministerial Monitoring Committee co-chaired by Saudi Arabia and Russia convene on June 30.

India is the world's third largest consumer of crude and a key market for many OPEC members.

Chinese blue-chips (.CSI300) rose 0.43%, Hong Kong's Hang Seng (.HSI) added 0.61%, Seoul's Kospi (.KS11) was up 0.79% and Australian shares (.AXJO) climbed 0.22%. Japan's Nikkei (.N225) rose 0.59%.

Through 24 weeks, US output was approximately 279 million st, up 8.9% compared with the year-ago period. It is annualized to be 581 million st for the year, up 8.7% from the previous year.

Brent rose 30 cents, or 0.4%, to $75.49 a barrel, WTI climbed 31 cents, or 0.4%, to $73.39 a barrel.

Wide spreads between the price of LNG in end-user markets in Asia and Europe and feedgas prices based on the US Henry Hub have been incentivizing robust export activity from the US Gulf and Atlantic coasts.

The most-traded coking coal futures contract on the Dalian Commodity Exchange , for September delivery, ended at 2,037 yuan ($314.24) per tonne.

In Germany, the euro zone’s benchmark bond issuer, 10-year yields have risen around 12 basis points

U.S. commercial crude oil inventories decreased by 7.6 million barrels from the previous week to 459.1 million barrels.

Brent rose 81 cents, or 1.1%, to $75.62, WTI added 49 cents, or 0.7%, to $73.34.

t the close, the Shanghai Composite index was up 0.25% at 3,566.22, rising for the third consecutive session. The blue-chip CSI300 index was up 0.49%.

No one can predict precisely what the electricity system will look like several decades from now.