REUTERS - Benchmark Brent crude oil LCOc1 was up 80 cents at $76.71 a barrel by 0840 GMT. The contract fell 1.8 percent on Tuesday, at one point touching its lowest since Aug. 24 at $75.09. U.S. light crude CLc1 was up 60 cents at $66.78. It hit a two-month low of $65.33 a barrel on Tuesday.

PLATTS - Consolidation through the oil and gas sector is heating up, spurred in many cases by too many small companies, lack of operator scale, profits and in the oilfield services segment, an inability to raise prices after the recent downturn, industry executives said

WNN - Where a modern new nuclear project will typically have a rated capacity of between 1000 and 1600 megawatts electric, an SMR will have a capacity of around 300 MWe or less. Modular means that the major components of the SMR will be built in a factory and assembled on-site. By being small and modular, SMRs have many advantages when compared to traditional large reactors.

БАНК РОССИИ - Совет директоров Банка России 26 октября 2018 года принял решение сохранить ключевую ставку на уровне 7,50% годовых.

REUTERS - Front-month Brent crude oil futures LCOc1 were trading down 46 cents, or 0.6 percent, at $77.16 a barrel at 0745 GMT. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $67.19 a barrel, down 40 cents, or 0.6 percent.

OPEC - The JMMC noted that countries participating in the ‘Declaration of Cooperation’ achieved a conformity level of 111% in September 2018, which shows significant progress towards the goal set at the 4th OPEC and non-OPEC Ministerial Meeting of 23 June 2018.

REUTERS - Russian Energy Minister Alexander Novak said on Saturday there was no reason for Russia to freeze or cut its oil production levels, noting that there were risks that global oil markets could be facing a deficit.

NIKKEI ASIAN REVIEW - Annual gas exports from Kazakhstan to China are set to double in 2019, as Beijing moves to cushion the impact of its trade war with the U.S.

U.S. BEA - Real gross domestic product (GDP) increased at an annual rate of 3.5 percent in the third quarter of 2018 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 4.2 percent.

PLATTS - In September 27, 2018, BASF signed a transaction agreement with LetterOne to merge their respective oil and gas businesses, Wintershall and DEA, into a joint venture.

PEMEX - Upon comparing the results of this quarter with the same quarter for the previous year, the following items stand out: (i) total sales increased by 33%; (ii) operation yield recorded a significant improvement of 83% and currently at 54 billion pesos; and (iii) the company recorded a net income of 27 billion pesos, compared to losses of 102 billion pesos recorded the previous year.

BHGE - U.S. Rig Count is up 1 rig from last week to 1,068, with oil rigs up 2 to 875 and gas rigs down 1 to 193. Canada Rig Count is up 9 rigs from last week to 200, with oil rigs up 1 to 124, gas rigs up 8 to 76, and miscellaneous rigs unchanged at 0.

REUTERS - Brent crude oil LCOc1 was down 70 cents at $76.19 per barrel by 0740 GMT, on course for a weekly loss of more than 4 percent. It has fallen by close to $10 in the last three weeks. U.S. crude CLc1 was 70 cents lower at $66.63, set for a 3.5 percent loss this week.

NORGES BANK - The Government Pension Fund Global returned 2.1 percent, or 174 billion kroner, in the third quarter of 2018.

EIA - Imports of liquefied natural gas (LNG) to the 28 countries that make up the European Union (EU-28) averaged 5.1 billion cubic feet per day (Bcf/d) in 2017, increasing for the third consecutive year but remaining below their 2011 peak.