Saudi Arabia has been fighting with fellow OPEC members since the oil rout started two years ago. For the first time next week, it can argue convincingly that its strategy of squeezing rival producers is succeeding.

Russia's Gazprom plans to export a record 165 billion cubic metres (bcm) of gas to Europe this year, the company's deputy chief executive Alexander Medvedev told reporters on Thursday.

Россия уже 20 лет является крупнейшим экспортером энергоресурсов на греческий рынок и обеспечивает 60 процентов потребностей Греции в газе и свыше 15 процентов в нефти.

The aggregate net debt of the 15 largest North American and European oil groups rose to $383bn at the end of March, up $97bn from 12 months ago.

Nigeria's crude oil and condensate production has fallen almost 50% from the start of the year to around 1.1 million b/d.

U.S. Rig Count is unchanged from last week at 404, with oil rigs down 2 to 316, gas rigs up 2 to 87, and miscellaneous rigs unchanged at 1. Canadian Rig Count is down 1 rig from last week to 43, with oil rigs down 2 to 14, gas rigs up 1 to 28, and miscellaneous rigs unchanged at 1.

“We’re facing a chance of a lifetime to become a global pricing center for commodities,” Fang Xinghai, vice chairman of the China Securities Regulatory Commission, said at the Shanghai Futures Exchange’s annual conference in the city on Wednesday. “On the way to realize this goal, we’ll see very intense competition. We have the advantage of trading size and economic growth, but our legislation is still not sound and we lack enough talent.”

Over the last decade “many solutions had been tested and some, such as Europe’s Emissions Trading System (ETS), were only partially successful.”

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.