monthly Brent prices will average $37/b during the second half of 2020 and rise to an average of $48/b in 2021.

Spot gold was up 0.1% at $1,716.11 per ounce, U.S. gold futures rose 0.2% to $1,725.

Gazprom and RusGazDobycha are implementing the project for a natural gas processing and liquefaction complex near the settlement of Ust-Luga,

The floating LNG storage and transshipment units will serve Novatek’s projects under development in Murmansk and Kamchatka

The Executive Board of the International Monetary Fund (IMF) approved today an 18-month Stand-by Arrangement for Ukraine, with access equivalent to SDR 3.6 billion (about US$5 billion or 179 percent of quota).

Since the start of the year, renewable energy has accounted for 30% of the UK’s electricity, fossil fuels for 35% and nuclear for 18%.

S.Korea aims to sharply increase production of hydrogen-powered vehicles and electricity generation by hydrogen, in an effort to use hydrogen as a major energy source for transportation and power generation.

BP will begin a process of cutting 10,000 jobs following the end of a three-month redundancy freeze that started in March.

Brent was down 52 cents, or 1.3%, at $40.28 a barrel, WTI fell 27 cents, or 0.7%, to $37.92.

«Необходимо соответствовать обязательствам по соглашению - от этого зависит успех сделки. Все страны подтвердили необходимость выполнения этого соглашения. Те, кто его недовыполнил, должны в течение нескольких месяцев убрать с рынка дополнительные баррели, чтобы обеспечить полное соответствие», - сказал Александр Новак.