2020

U.S. Rig Count is down 5 rigs from last week to 279, Canada Rig Count is unchanged from last week at 21

Brent fell 3.4%, or $1.42, to $40.31 a barrel, WTI dropped 4%, or $1.60, to $38 a barrel,

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 5.7 million barrels from the previous week. At 538.1 million barrels, U.S. crude oil inventories are about 14% above the five year average for this time of year.

The imbalance is forecast to reach 4.6 million bpd in July, 4.2 million bpd in August

A decisive close below 36.25$/barrel will prompt a seemingly BEARISH move towards the low price 30$/barrel range and a maximum test at 29.00$/barrel support zone.

the Committee decided to maintain the target range for the federal funds rate at 0 to 1/4 percent.

"Our oversupply was a little less than 100,000 b/d against the agreed numbers, and so that is not really that significant," Kyari said.

Japan’s Nikkei slid 2.1% in its largest daily loss in five weeks, while Chinese blue chips eased 1.0%.

The United States invested $55.5 billion in 2019, up 28% from the year before

the research and innovation needed for nuclear energy to play a significant role in the Britain's future low-carbon and secure energy mix,