The world's fifth-largest crude importer received 1.227 million mt, or 8.99 million barrels, of US oil in May, up from 7.41 million barrels a year earlier,

Brent dropped 33 cents, or 0.4%, to $74.06 a barrel, WTI dropped 33 cents, or 0.4%, to $74.06 a barrel.

These brought the country's throughput in the first five months to average at 14.21 million b/d with a 12.7% year-on-year jump.

U.S. commercial crude oil inventories decreased by 7.4 million barrels from the previous week to 466.7 million barrels.

Brent was up 29 cents, or 0.4%, at $74.28 a barrel, WTI gained 32 cents, or 0.4%, to $72.44 and hit $72.83.

U.S. Rig Count is up 5 from last week to 461, Canada Rig Count is up 16 from last week to 93.

Brent remained unchanged to settle at $72.22 a barrel, WTI closed 9 cents, or 0.1%, lower at $69.96 a barrel,

U.S. commercial crude oil inventories decreased by 5.2 million barrels from the previous week to 474.0 million barrels.

TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) confirmed today that after a comprehensive review of its options, and in consultation with its partner, the Government of Alberta, it has terminated the Keystone XL Pipeline Project (the Project).

Brent rose 73 cents, or 1%, to close at $72.22 a barrel, WTI rose 82 cents, or 1.2%, to settle at $70.05 a barrel,

EIA forecasts that Brent prices will remain near current levels in 3Q21, averaging $68/b., and $60/b in 2022.

Despite the production gains, the looser quotas meant OPEC+ compliance stayed mostly steady at 111.45% compared to 111.16% in April,

A new “Hydrogen Alliance” was launched by the UAE Ministry of Energy and Infrastructure and three of Abu Dhabi’s largest government-backed companies (Mubadala Investment Company, Abu Dhabi National Oil Company, and ADQ) in January 2021

Brent was down 35 cents, or 0.5%, at $71.14 a barrel, WTI was off by 32 cents, or 0.5%, at $68.91 a barrel,

We are still on focus for the 70$/bbl on the CrudeOil