The preliminary level for U.S. dry natural gas production in June 2020 was 2,650 billion cubic feet (Bcf), or 88.3 Bcf/d.

Japan's July crude imports, which were the lowest for the month since 1967, plunged 31.9% year on year to 2.09 million b/d,

Brent advanced to $46.50 a barrel, WTI was at $43.48 a barrel, up 51 cents, or 1.2%.

ADNOC informed customers who lift contracted monthly volumes -- known as term lifters -- that it would cut the quantity of volumes available for export over October by 30% for its more popular Murban and Upper Zakum grades and for Umm Lulu and Das Blend,

Natural gas and LNG is set to remain Petrochina's strategic business after it had agreed to transfer gas pipeline, storage facilities and LNG terminals to China Oil & Gas Piping Network Corp.,

U.S. Rig Count is unchanged from last week at 254, Canada Rig Count is down 2 rigs from last week to 54

Brent was down 7 cents to $44.99 a barrel, WTI were down 3 cents to $43.01 a barrel.

Brent rose 6 cents, or, 0.1% to $45.70 a barrel, WTI fell 8 cents or 0.2% to $43.31 a barrel.

U.S. commercial crude oil inventories decreased by 4.7 million barrels to 507.8 million barrels,

Brent rose 2 cents to $45.88 a barrel , WTI fell 3 cents to $43.32.

“Although the market remains uncertain, we saw encouraging signs in July with gradual rebalancing of oil supply and demand,” API Chief Economist Dean Forman said. “Increases in U.S. refinery throughput and capacity utilization in July – coupled with inventories receding from record highs – has reinforced expectations for the continued demand recovery.”

Brent added 14 cents, or 0.3%, to $45.27 a barrel , WTI was down 4 cents, or 0.1%, at $42.58 a barrel.

Iraq is under US pressure to wean itself off Iranian electricity and gas imports, needed due to power shortages and flaring of associated gas, which is also bound by production limits due to the country's attempted adherence to OPEC+ production cuts.

Norway's preliminary production figures for July 2020 show an average daily production of 2 062 000 barrels of oil, NGL and condensate.

Brent was up 32 cents, or 0.7%, at $44.67 a barrel , WTI rose 31 cents, or 0.7%, to $42.65.