Brent was down $2.06, or 3.9%, to $50.20 a barrel. WTI was down $1.95, or 4%, to $47.15 a barrel.

"Today, my friend and colleague and I discussed cooperation in the OPEC+ multilateral format, and joint action and coordination in the international market.

«Россия как крупнейший экспортёр природного газа выступает за стабильность и поступательное развитие глобального газового рынка. Мы внимательно следим за текущими трендами и готовы оперативно на них реагировать в планировании дальнейшей энергетической политики», - отметил Николай Шульгинов.

России крайне важно использовать все возможности для монетизации запасов газа, чтобы сохранить значимое место на глобальном рынке.

Preliminary production figures for November 2020 show an average daily production of 2 026 000 barrels of oil, NGL and condensate.

Shell oil production is expected to be between 2,275 and 2,350 thousand barrels of oil equivalent per day,

Reliance Industries Limited (RIL) and BP announced the start of production from the R Cluster, ultra-deep-water gas field in block KG D6 off the east coast of India.

The U.S. current account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries, widened by $17.2 billion, or 10.6 percent, to $178.5 billion in the third quarter of 2020

Since the heat to create the energy is stored in the Earth’s crust, people living on every continent could access this potential climate-changing technology.

U.S. Rig Count is up 8 from last week to 346 , Canada Rig Count is down 9 from last week to 102