U.S. Rig Count is up 2 from last week to 588, Canada Rig Count is up 51 from last week to 141.

Brent rose 24 cents, or 0.3%, to $81.99 a barrel, WTI was up 22 cents, or 0.3%, at $79.12 a barrel.

Reconfirm the production adjustment plan and the monthly production adjustment mechanism approved at the 19th OPEC and non-OPEC Ministerial Meeting and the decision to adjust upward the monthly overall production by 0.4 mb/d for the month of February 2022.

Brent fell 24 cents, or 0.3%, to $75.90 a barrel, WTI were down 97 cents, or 1.3%, at $72.82 a barrel .

The country's oil production is set to reach the pre-pandemic level by May next year, as the OPEC+ alliance continues to increase output monthly to meet rising demand.

Brent slid 41 cents, or 0.5%, to $76.44 a barrel , U.S. markets are closed on Friday for the Christmas holiday.

The front-month wholesale Dutch gas price , which is the European benchmark, eased to 140 euros per megawatt hour on Thursday, down by 15%.

The average LNG price for February delivery into Northeast Asia rose to $48.3 per metric million British thermal units (mmBtu), up $5, or 11.5% from the previous week

U.S. Rig Count is up 7 from last week to 586, Canada Rig Count is down 34 from last week to 133.

Brent was up 19 cents, or 0.3%, to $75.48 a barrel , WTI were up 5 cents, or 0.1%, at $72.81 a barrel

Underlying oil demand fundaments remain strong going into 2022. Pent-up demand is already stretching supply lines to the limit while booster jabs and previous infections lower the chance of serious harm from the virus.

U.S. commercial crude oil inventories decreased by 4.7 million barrels from the previous week to 423.6 million barrels.

Brent rose 1 cent, or 0.01%, to $73.99 a barrel, WTI rose 12 cents, or 0.1%, to $71.24 a barrel.

Gas prices continued to soar Dec. 21 across the board with assessing TTF front-month at a record Eur180.30/MWh, up 23% on the days and also doubling since Dec. 6.

Brent was down 8 cents, or 0.1%, at $71.44 a barrel, WTI rose 5 cents, or 0.1%, to $68.66 a barrel.