EIA expects U.S. total liquid fuels consumption will rise from an average of 15.9 million b/d in the second quarter of 2020 to 18.7 million b/d in the third quarter of 2020 and then to average 19.8 million b/d in 2021, up 8% from 2020, but lower than 2019 levels.

The Shanghai Composite index ended 0.96% lower at 2,870.34.

India's coal production would rise to 700 Mt in the current fiscal year (April 2020-March 2021)

"С учетом драматического состояния в целом глобального нефтяного рынка и в связи с принятыми решениями о сокращении добычи нам придется, конечно, часть капитальных затрат оптимизировать. Мы постараемся сохранить нашу инвестпрограмму на уровне 750 миллиардов примерно",- отметил Сечин. Оптимизация необходима для того, чтобы сохранить финансово-экономическую стабильность для компании, сказал он.

As the world’s fourth-largest onshore wind market by installations, India has 37.5 GW of wind capacity as of 2019.

Shell announced that all conditions for its Final Investment Decision (FID) on a new LNG processing unit at Nigeria LNG (NLNG) have now been met.

Brent dropped 56 cents, or 1.9%, to $29.42 a barrel, WTI fell 23 cents, or 0.9%, to $25.55

China generates more electricity than Europe and the USA combined and China will double again in twenty years.

Brent crude oil prices will average $34/b in 2020, Brent prices will rise to an average of $48/b in 2021

Supplies to China continue at around 9 million cu m/d through the landmark pipeline -- the first direct link for Russian gas to reach China by pipeline.