The Worldwide Rig Count for June was 1,325, up 63 from the 1,262 counted in May 2021

U.S. Rig Count is up 5 from last week to 475, Canada Rig Count is up 10 from last week to 136.

Brent were down 20 cents at $75.64 a barrel , WTI were down 15 cents at $75.08.

If agreed, the OPEC+ alliance's collective production cuts would shrink by about one-third by the end of the year to about 3.76 million b/d, from July's 5.76 million b/d.

Equinor has started the Martin Linge oil and gas field in the Norwegian North Sea.

The Algeria national oil and gas company Sonatrach extracted 176 Mtoe of hydrocarbon in 2020 (-6%),

Brent ended the session up 37 cents, or 0.5% at $75.13 a barrel, WTI settled up 49 cents, or 0.7% at $73.47 a barrel.

U.S. commercial crude oil inventories decreased by 6.7 million barrels from the previous week to 452.3 million barrels.

Brent was up 25 cents, or 0.3% at $75.01 a barrel, WTI was up 41 cents, or 0.6% at $73.39 a barrel.

In 2019, Reliance announced the sale of a 20% stake to Saudi Aramco, the world's top oil exporting company.

Under the terms of a strategic agreement, Reliance and TA'ZIZ will build plants with capacity to produce 940,000 mt/year of chlor-alkali, 1.1 million mt/year of ethylene dichloride and 360,000 mt/year of polyvinyl chloride at the TA'ZIZ Industrial Chemicals Zone, ADNOC said in a June 29 statement.

According to the EU Climate Law, the European Union will have to cut its net greenhouse gas (GHG) emissions by at least 55% by 2030 compared to 1990 levels and to reach climate neutrality by 2050.

Brent fell 67 cents, or 0.9%, to $74.01 a barrel, WTI fell 83 cents, or 1.1%, to $72.08 a barrel.

Brent Brent dipped 10 cents, or 0.1%, to $76.08 a barrel, WTI was down 4 cents, or 0.1%, at $74.01 a barrel.

The Niger Delta Avengers (NDA) -- a group of rebels responsible for the bulk of the attacks on Nigeria's oil infrastructure -- have vowed to commence bombing of oil installations across the Niger Delta to protest the government's neglect of the region.