Sovereign wealth funds from oil-producing countries mainly in the Middle East and Africa are on course to dump up to $225 billion in equities,

gas prices in Europe and Asia have collapsed to record lows, while the U.S. Henry Hub benchmark tumbled to its lowest since 1995.

As for last year's production volumes, we produced 500.1 billion cubic meters of gas and exported 199.3 billion cubic meters. The latter figure is slightly lower than in 2018, which was marked by a record 201.8 billion cubic meters. We also preserved our share in the European market at 35.6 per cent.

Rosneft entered into an agreement with a company 100%-owned by the Russian government on the sale of shares and termination of its participation in all projects in Venezuela,

India intends to solarize its digital future. It became a world leader in the fight against climate change when Prime Minister Modi launched the International Solar Alliance with 121 member countries ahead of the Paris Agreement in 2015, with the primary objective to work for efficient exploitation of solar energy to reduce dependence on fossil fuels.

«Газпром нефть» и компания Halliburton заключили Меморандум о взаимопонимании, направленный на разработку программы технологического сотрудничества.

U.S. Rig Count is down 44 rigs from last week to 728, Canada Rig Count is down 44 rigs from last week to 54

Brent was down 40 cents, or 1.5%, at $25.94 a barrel, WTI was up 11 cents, or 0.5%, at $22.71.

Russia ramped up measures to combat the virus on Wednesday, with Russian President Vladimir Putin announcing that next week would be a paid non-working week throughout the country.

Leaders of the world's leading economies presented a united front against the coronavirus on Thursday and said they were injecting $5 trillion (Dh18.3tn) into the world economy to counter damage from the pandemic that has killed more than 21,000 people.