Brent was down $1.12, or 2.7%, at $39.81 a barrel, WTI was down $1.12, or 2.9%, at $37.60.

The Danish Energy Agency granted the permit on Thursday almost a year after the application was submitted.

Средняя цена на нефть марки Urals в январе-сентябре 2020 года сложилась в размере $40,84 за баррель, в январе-сентябре 2019 года - $64,15 за баррель.

The United States grew to become the world’s largest oil producer at nearly 13 million barrels per day (bpd), led by shale companies.

The Nuclear Fuel Working Group, established by Trump in 2019 to undertake a full analysis of national security considerations with respect to nuclear fuel supply chain after a Section 232 Petition from two US uranium miners asked for a quota on uranium imports, has already called for action be taken to strengthen the country's uranium mining industry.

"Israel, the United Arab Emirates, and the United States are committed to exploring collective activities in multilateral settings in coordination with financial institutions and the private sector to enhance international investment in research and development and the rapid adoption of new energy technologies," the statement added.

Negative power prices have swept across Europe in the first nine months of 2020, with excess power in the market resulting in consumers being paid rather than charged to use electricity,

"If carbon pricing allows those renewables to have enough revenue because the value of emissions will now be compensated in the energy markets, there is no longer a need for above-market contracts from the states,"

Westinghouse Electric Co said on 30 September that it had signed an agreement with nuclear utility Energoatom to increase nuclear fuel supplies for Ukraine's reactors. It currently supplies fuel for six of Ukraine's VVER-1000 reactors with a seventh due to be added year.

International institutional investors that are the long-term owners of generation assets in other markets have generally been cautious about acquiring renewable assets in Australia, perceiving the risk/reward balance to be inferior to other investment opportunities.