Thanks to industry innovation and technological advancements, we’ve transitioned from an era of energy scarcity to an era of energy abundance. The new challenge is to keep moving forward, not backward. We must continue to think long term - continue to ensure access to new areas for safe and responsible energy development, and invest in reliable energy infrastructure - to protect U.S. consumers, businesses and national security for generations to come.

Банкиры ожидали, что эмиссия Катара составит около $5 млрд. Доходность пятилетних катарских облигаций на $3,5 млрд оказалась на 120 базисных пунктов (б. п.) выше, чем у казначейских облигаций США; 10-летних на $3,5 млрд – на 150 б. п.; 30-летних на $2 млрд – на 210 б. п.

It was the sixth time Russia has moved to the top spot as China's crude supplier, since capturing that spot for the first time in May, 2015.

Khelil expects prices to increase to $70 to $80 a barrel or more after oil majors abandoned or shelved projects. Still, that rebound risks reviving U.S. shale drillers, said the two-time president of OPEC.

Nord Stream 2 – консорциум будущих акционеров проекта, куда входят «Газпром», BASF/Wintershall, Uniper, Engie, OMV и Shell. «Северный поток – 2» протяженностью около 1200 км пройдет по дну Балтийского моря от российского побережья до Германии. Пропускная способность двух ниток – 55 млрд куб. м в год, он должен вдвое увеличить мощность газопровода «Северный поток» .

Brent LCOc1 fell 1.3 percent, or 64 cents, to $48.95 a barrel by 1031 GMT, retreating from the previous session's $50.51 peak, its highest since early November. U.S. crude CLc1 dropped 45 cents to $49.03 a barrel after touching $50.21 on Thursday, its highest since early October.

Futures rose as much as 1.4 percent in New York after climbing 1.1 percent Tuesday. Inventories dropped by 5.14 million barrels last week, the American Petroleum Institute was said to report. Data from the Energy Information Administration Wednesday is forecast to show supplies fell. Canadian oil-sands producers that cut more than 1 million barrels a day from the market because of the threat of wildfires are starting the process of resuming operations.

With most companies indicating continued reductions in E&D budgets absent a meaningful increase in crude oil prices, proved reserves additions will likely continue to decline.

US commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, decreased 4.2 million bbl during the week ended May 20 compared with the previous week’s average

U.S. exports of LPG to Asia are hitting their highest rates ever this year and exacerbating the usual seasonal May-July pick-up in use of the fuel in cracking plants.