U.S. Rig Count is down 9 rigs from last week to 796, Canada Rig Count is down 14 rigs from last week to 85

Brent were at $68.36 a barrel, up 20 cents, or 0.3%, WTI edged up 5 cents to $61.77 a barrel.

Last week, Russia and Ukraine announced the terms of a new gas transit deal under which Moscow will supply Europe for at least five years via its former Soviet neighbor and pay a $2.9 billion settlement to Kiev to end a legal dispute.

Germany decided in 2011 amid the aftermath of the Fukushima nuclear accident in Japan to immediately close reactors built before 1980 and reverse a planned run-time extension for modern nuclear plants by setting final closure dates.

The project, expected to start up in 2024, will increase Nigeria's LNG output capacity by 35% from current levels of 22.5 million mt per year to over 30 million mt per year, NLNG said.

In the wake of the global financial crisis, growth in Turkey became increasingly dependent on externally-funded credit and demand stimulus, and, as a result, Turkey’s economy began running above potential with a large current account deficit and high inflation.

U.S. Rig Count is down 8 rigs from last week to 805, Canada Rig Count is down 50 rigs from last week to 99

Brent were up 6 cents, or 0.1%, at $67.98 a barrel, WTI was up 11 cents, or 0.2%, at $61.79 a barrel.

“It really is a great irony that at a time when the United States became the world’s biggest producer and has become a great exporter, that investors have become skeptical and have adopted a position of ‘show me the money,’”

The Nigerian National Petroleum Corporation (NNPC) has a 20%stake in the plant some 60 miles (100 km) southeast of Lagos.

Brent settled up 81 cents, or 1.22%, at $67.20 a barrel, WTI settled up 59 cents, or 0.97%, at $61.11 a barrel.

“Of course we will finish building (the pipeline)... Gazprom has alternative options for how to lay it. It will take a little more time, but that’s no big deal,” Medvedev told journalists, adding that it could take a couple more months.

Gazprom is showing that the strategy chosen for 2020 -- and potentially over the longer term -- is to defend its market share in Europe by flooding the Continent with cheap gas, send alternative sources of supply, in particular LNG, out of the money, traders told

Russian gas producer Gazprom said on Tuesday it has raised 9 billion euros ($10 billion) and 171 billion rubles ($2.8 billion) from a pool of international and Russian banks to finance its Amur gas processing plant.

Spending an estimated Eur66 billion on the three projects, Gazprom clearly saw money as being no object to achieving its goals -- be they economic, geopolitical or both.