Saudi Aramco signed crude oil sales agreements for 2020 with five Chinese customers, increasing total volume by 151,000 barrels per day compared to their 2019 supply contracts.

Saudi Aramco is joining the World Bank Initiative: ‘Zero Routine Flaring by 2030’. Saudi Aramco has a strong focus on flaring reduction, which remained at less than 1% of its total raw gas production in the first half of 2019.

TVEL Fuel Company of Rosatom has signed the contract for nuclear fuel supply to the future power units 3 and 4 of Xudapu NPP with China Nuclear Energy Industry Corporation, CNNP Liaoning Nuclear Power and CNNP Suneng Nuclear Power acting as the customers (all the companies are subsidiaries of China National Nuclear Corporation, CNNC).

Renewable energy resources have accounted for 46% of Turkey's electricity generation so far this year, Energy and Natural Resources Minister Fatih Dönmez said Tuesday.

The EBRD expects Turkey’s economy to start growing again in the second half of 2019, although a mild contraction is expected for the year as a whole.

Mexico's economy growth is expected to accelerate modestly in the near-term, reaching 0.4 percent in 2019, as macroeconomic policies become less contractionary. It is projected to recover to 1.3 percent in 2020 on the back of strengthening consumption and despite continued weakness in investment.

Ukraine's GDP growth is set to stay at 3.3 per cent in 2019 (a repeat of the 2018 result) and will accelerate slightly to 3.5 per cent in 2020.

The worldwide rig count for October 2019 was 2,123, down 18 from the 2,141 counted in September 2019, and down 148 from the 2,271 counted in October 2018.

Brent stood at $62.58 a barrel , WTI fell 30 cents, or 0.5%, to $56.93 per barrel,

Global demand for energy is forecast to increase from nearly 286 million barrels of oil equivalent a day (mboe/d) in 2018 to more than 357 mboe/d in 2040, with average growth of about 1% p.a. In this period, energy demand in non-OECD countries is expected to increase by almost 75 mboe/d, while demand in the OECD is estimated to drop by around 3 mboe/d.