Crude oil production from the major US onshore regions is forecast to decrease 19,000 b/d month-over-month in August from 7,577 to 7,558 thousand barrels/day, gas production to decrease 421 million cubic feet/day from 79,684 to 79,263 million cubic feet/day .

The dollar was down 0.2% versus the euro at $1.1895 EUR=EBS and had fallen 0.5% against the Japanese yen to 105.40 JPY=EBS, a 1-1/2-week low.

Brent was down 3 cents, or 0.1%, to $44.77 a barrel, WTI was up 3 cents, or 0.1%, to $42.04 a barrel.

Gazprom sales in its biggest market Germany fell by 28.2% -- or by 3.32 Bcm -- to just 8.47 Bcm in Q2

Chinese blue chips led the way with gains of 2.4%

The Cabinet Office reported that Japan’s preliminary seasonally adjusted real gross domestic product, or GDP, the sum of a nation’s goods and services, fell 7.8% quarter on quarter.

The U.S. total industrial production rose 3.0 percent in July after increasing 5.7 percent in June

U.S. Rig Count is down 3 from last week at 244, Canada Rig Count is up 7 rigs from last week to 54

Brent was 29 cents, or 0.7%, lower at $44.67, WTI slipped 25 cents, or 0.6%, to $41.99.

U.S. exports of LNG fell to an average of 3.1 Bcf/d in July 2020.

The data showed wind and solar power increased 14% in the first half of 2020

This is Malaysia's worst performance on record and first quarterly decline since the third period of 2009, amid the global financial crisis.

Brent fell 7 cents, or 0.1%, to $45.36 a barrel, WTI was down 3 cents, or 0.1%, to $42.64 a barrel.

For 2021, world oil demand growth is forecast to rise by 7.0 mb/d,

monthly Brent spot prices will average $43/b during the second half of 2020 and rise to an average of $50/b in 2021.