With non-OPEC supply forecast to bounce back by 950,000 b/d in 2021 to 63.8 million b/d, OPEC lowered the estimated demand for its crude by 240,000 b/d to 27.26 million b/d.

Moscow sees global oil supply in a deficit of 1 million-2 million b/d at the moment, as the world economy continues to recover driving oil demand up by 5.5 million b/d this year.

The agreement paves the way for the establishment of a Joint Industry Project (JIP) that targets the development of new LNG carrier designs utilizing the LNT A-BOX® LNG cargo containment system.

The CSI300 index fell 1.7% to 5,061.66 points at the end of the morning session, while the Shanghai Composite Index lost 0.6%, to 3,432.01 points.

Nuclear energy is an "indispensable tool" for achieving the sustainable development goals (SDGs). It has a crucial role in providing affordable energy and climate change mitigation, as well as eliminating poverty, achieving zero hunger, providing clean water, economic growth, and industry innovation.

Canada will need to triple its power production levels over the next 30 years to enable the electrification of economic sectors, and this will require the simultaneous development of all available zero-carbon generation technologies simultaneously including large and small nuclear reactors as well as renewables and hydro

Vietnam will need about US$320bn to develop its power sector in 2021-2045,

U.S. Rig Count is down 1 from last week at 402, Canada Rig Count is down 25 from last week to 116

Brent slipped 33 cents, or 0.5%, to $69.30 a barrel. WTI was at $65.65 a barrel, down 37 cents, or 0.6%.

For 2021, world oil demand is expected at 5.9 mb/d, to stand at 96.3 mb/d.

U.S. commercial crude oil inventories increased by 13.8 million barrels to 498.4 million barrels.

Japan’s Nikkei rose 1.58%, and China’s blue-chip CSI300 index inched up 0.05% as sagging high-valuation tech and consumer firms capped gains.

Clean, affordable energy is going to be vital to meet the SDGs, nuclear energy provides additional benefits to human health and wellbeing.

Rosatom’s Research Institute of Atomic Reactors (NIIAR) and the AA Bochvar Research Institute of Inorganic Materials (VNIINM), part of TVEL fuel company, have completed new stages in the development of Russian accident tolerant fuel (ATF) for VVER and pressurised water reactors.

Four Russian-designed VVER-1200 pressurised water reactors are planned for El Dabaa, which is on the Mediterranean coast, 170km west of Alexandria and Zafraana on the Gulf of Suez.