U.S. commercial crude oil inventories decreased by 1.5 million barrels from the previous week to 423.9 million barrels.

Brent fell 2 cents to $71.67 a barrel, WTI rose 11 cents, or 0.2%, to $68.46 a barrel.

"With the recovery in the overall demand, refining and other related operational parameters have demonstrated an even more pronounced turnaround compared to the previous year," said Shrikant Madhav Vaidya, chairman of state-run Indian Oil Corp. the country's biggest refiner.

Brent rose 35 cents, or 0.5%, to $72.57 a barrel, WTI was at $69.16 a barrel.

«Исполнение в июле было высоким – 109%. Страны очень ответственно относятся к договорённостям. Что касается оценки текущего состояния рынка и принятия решения о нашей дальнейшей стратегии, то нами было принято решение на октябрь подтвердить увеличение добычи на 400 тыс. баррелей в сутки. Для России это означает, что мы увеличиваем добычу примерно на 100 тыс. баррелей в сутки дополнительно к августу в сентябре и октябре»,

Средняя цена на нефть марки Urals в январе-августе 2021 года сложилась в размере $65,10 за баррель, в январе-августе 2020 года - $40,83 за баррель.

Brent fell 98 cents, or 1.4%, to $71.63 a barrel, WTI was at $68.34 a barrel, down 95 cents, or 1.4%.

Reconfirm the production adjustment plan and the monthly production adjustment mechanism approved at the 19th ONOMM and the decision to adjust upward the monthly overall production by 0.4 mb/d for the month of October 2021.

U.S. commercial crude oil inventories decreased by 7.2 million barrels from the previous week to 425.4 million barrels.

The Worldwide Rig Count for August was 1,434, up 54 from the 1,380 counted in July 2021,

U.S. Rig Count is down 11 from last week to 497 , Canada Rig Count is up 5 from last week to 152.

Brent gained 36 cents, or 0.5%, to touch $71.99 a barrel, WTI for October was at $68.81 a barrel, up 31 cents, or 0.5%.

Iraq’s total oil exports for August rose to 3.054 million barrels per day (bpd)

Situated in southeast Venezuela, the Orinoco Belt contains some of the largest reserves of crude in the world, but the oil needs dilution and upgrading because of its extremely high viscosities and heavy metal content.

Brent was down 21 cents or 0.3% at $72.49, WTI fell 50 cents or 0.7% to $68.24.