For 2019, world oil demand growth is kept broadly unchanged compared to last month’s assessment, estimated to have grown by 0.83 mb/d, y-o-y, to average 98.72 mb/d. In 2020, world oil demand growth is adjusted lower by 2.23 mb/d and is now forecast to drop by 9.07 mb/d.

Under the baseline scenario, GDP growth in developed countries will plunge to –5.0 per cent in 2020, while output of developing countries will shrink by 0.7 per cent.

EIA expects U.S. total liquid fuels consumption will rise from an average of 15.9 million b/d in the second quarter of 2020 to 18.7 million b/d in the third quarter of 2020 and then to average 19.8 million b/d in 2021, up 8% from 2020, but lower than 2019 levels.

The Shanghai Composite index ended 0.96% lower at 2,870.34.

India's coal production would rise to 700 Mt in the current fiscal year (April 2020-March 2021)

As the world’s fourth-largest onshore wind market by installations, India has 37.5 GW of wind capacity as of 2019.

Brent dropped 56 cents, or 1.9%, to $29.42 a barrel, WTI fell 23 cents, or 0.9%, to $25.55

China generates more electricity than Europe and the USA combined and China will double again in twenty years.

Brent crude oil prices will average $34/b in 2020, Brent prices will rise to an average of $48/b in 2021

Ожидаемый объем недополученных нефтегазовых доходов федерального бюджета, связанный с превышением базовой цены на нефть над фактически сложившейся ценой, прогнозируется в мае 2020 года в размере - 190,1 млрд руб.

Russia is set to record negative GDP growth of 4.5 per cent in 2020 following the shocks caused by the coronavirus pandemic and the collapse of the OPEC+ agreement to limit oil production.

Brent advanced 85 cents, or 2.9%, to $30.48, WTI were up $1.29, or 5.3%, at $25.43.

OPEC+ producers agreed to cut their overall crude oil production by 9.7 mb/d over the 1 May 2020 - 30 June 2020 period,

If nothing else changes (unlikely), tight oil production will decline to a level of about 6 million bo/d

India has been the world’s fourth-largest importer of liquefied natural gas (LNG) since 2011