The EU-27 is projected to reach a share of renewable energy between 22.8% and 23.1% in gross final energy consumption in 2020.

Japan's Minister of Economy, Trade and Industry Hiroshi Kajiyama, the host of the conference, said that there was a growing global consensus that hydrogen would be essential for decarbonization, citing increased numbers of hydrogen strategy roadmaps being announced by the major global economies.

The increase in the reserves is the result of continued drilling to a depth of 4,775 meters in the Tuna-1 well, which located a third reservoir in addition to the two reservoirs identified at around 3,500 meters depth in earlier drilling.

On a quarter-on-quarter basis, China GDP rose 2.7% in the third quarter, the NBS said, compared with expectations for a 3.2% rise and an 11.5% rise in the previous quarter.

U.S. industrial production fell 0.6 percent in September, its first decline after four consecutive months of gains.

U.S. Rig Count is up 13 from last week to 282, Canada Rig Count is unchanged from last week at 80,

Brent dropped 38 cents, or 0.9%, to $42.78 a barrel, WTI slid 35 cents, or 0.9%, to $40.61 a barrel.

Влияние стран БРИКС на международной арене возрастает ввиду растущей экономической мощи государств-участников – сегодня страны БРИКС составляют почти четверть общемирового ВВП, больше трети мирового потребления и производства энергии.

The US exported an average of 2.135 million b/d of crude over the weekend ended on Oct. 9, the lowest level since the week ended on August 2, 2019,

Asia-Pacific [market] is rallying because of recovering demand, better than in October and ATC was also looking for cargoes, lending support to CPs