U.S. Rig Count is down 4 rigs from last week to 954, with oil rigs down 5 to 779, gas rigs up 2 to 174, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 1 rig from last week to 118, with oil rigs down 2 to 83 and gas rigs up 3 to 35.

Industrial production was unchanged in June, as increases for both manufacturing and mining offset a decline for utilities. For the second quarter as a whole, industrial production declined at an annual rate of 1.2 percent, its second consecutive quarterly decrease.

Russian and Saudi Arabian companies are considering expanding existing energy cooperation to include new joint oil and gas, petchems and nuclear projects,

Владимир Путин отметил, что компания Shell работает в России на протяжении уже 127 лет.

India is likely to obtain 63% of its installed power capacity from non-fossil fuel sources (including hydro) by 2029-30, according to the Central Electricity Authority (CEA). This would significantly exceed the country’s Paris agreement target of a 40% share of installed power capacity from non-fossil fuel sources by 2030.

People living on Australia’s east coast (including the states of Victoria, Queensland, New South Wales, and Tasmania; as well as the Australian Capital Territory and Jervis Bay Territory) are paying well above international prices.

The International Energy Agency (IEA) doesn’t expect oil prices to rise significantly because demand is slowing and there is a glut in global crude markets, its executive director said on Friday.

the U.S. the number of yet-to-be-fracked wells hit 8,289 in May, up 22% in a year, according to the U.S. Energy Information Administration.

Средняя цена на нефть Urals за период мониторинга с 15 июня по 14 июля 2019 года составила $63,30725 за баррель, или $462,1 за тонну.

Владимир Путин отметил, что Белоруссия является стратегическим и самым близким партнёром и союзником для России. “Мы работаем по всем направлениям. У нас растёт постоянно товарооборот. Россия является крупнейшим инвестором в экономику Белоруссии: почти 4 млрд долларов США накопленных прямых инвестиций”, - сказал Президент.

Saudi Arabia's real non-oil growth is expected to strengthen to 2.9 percent in 2019 as government spending and confidence increase, but real GDP growth is projected to slow to 1.9 percent as real oil growth slows to 0.7 percent with the implementation of the OPEC+ agreement.

Russia's growth is projected at 1.2 percent in 2019, reflecting a weak first quarter estimate, lower oil prices and the impact of the higher VAT rate on private consumption.

Brent crude LCOc1 futures settled 54 cents higher at $62.47 a barrel. West Texas Intermediate crude CLc1 futures rose 33 cents to end the session at $55.63 a barrel.

ADNOC has signed an agreement with Indonesia's state energy company Pertamina to collaborate in both countries and internationally. Indonesia' foreign ministry said that the partnership could be worth up to $2.5bn.

ADNOC and CNOOC signed an agreement to collaborate in the upstream and downstream oil and gas sector

The signing of the agreements seek to further advance strategic ties between the UAE and China, opening up new partnership horizons across various fields

Profit attributable to shareholders of PAO NOVATEK increased to RR 69.2 billion (RR 22.97 per share), or by 115.9%, in the second quarter of 2019 and to RR 451.0 billion (RR 149.73 per share), or six-fold, in the first half of 2019 as compared to the corresponding periods in 2018.

NOVATEK announced the closing of the sale of participation interests in Arctic LNG 2 Project

At 445 million bbl, US crude oil inventories are 2% above the 5-year average for this time of year,

The Suez Canal and the SUMED Pipeline are strategic routes for Persian Gulf crude oil, petroleum products, and liquefied natural gas (LNG) shipments to Europe and North America.