- Iran confirmed today that it sent a response to the EU as the last step in re-establishing the nuclear agreement with the U.S.
- EU members said they are studying Iran's response and discussing it with the U.S. on a "way ahead" basis
- There are still disagreements on three issues, and the U.S. has shown flexibility on two of them. The third issue relates to ensuring that the agreement will continue, said IRNA, Iran's state-run news agency
- Oil production is expected to grow at a slower pace in the biggest U.S. shale field
- Output from the Permian Basin, which spans Texas and New Mexico, is forecast to grow 1.5% in September to 5.41 MMBbl/d, down from 1.6% in August, according to EIA's drilling productivity report
- Production in July rose 1.7% to reach an all-time high of 5.33 MMBbl/d