U.S. Rig Count is down 64 rigs from last week to 465, Canada Rig Count is down 4 rigs from last week to 26

Brent was down 73 cents, or 3.42%, at $20.60 per barrel, WTI fell by 84 cents, or 5.09%, to $15.66 a barrel

Energy prices overall (which also include natural gas and coal) are expected to average 40 percent lower in 2020 but see a sizeable rebound in 2021.

“As of today, in the European Union, we’re on course for a 5% to 10% (recession), meaning it’s about 7.5%. But that is today, and if things don’t improve and if we have a second peak (of the outbreak), things could get worse”, Breton said.

the euro weakened after a European Union meeting on Thursday to build a trillion euro emergency fund

the Nuclear Fuel Working Group’s Strategy to Restore American Nuclear Energy Leadership,

Compared to the two countries, the U.S. has also fallen behind on global sales of nuclear technology. “Civil nuclear reactor vendors from the United States have competed poorly in recent decades in the global new build market,”

The recommendations are meant to address growing concern in Washington that the United States has ceded its global leadership in nuclear technology in recent decades, and to boost domestic nuclear power producers and uranium miners suffering from a lack of investment.

Brent was up $1.60, or 7.8%, at $21.97 per barrel, WTI rose $1.74, or 12.6%, at $15.52 a barrel.

The U.S. oil industry was already struggling to satisfy investors unhappy with weak returns, even as the United States surged to become the world’s largest oil producer in the last few years.

The euro was last at $1.07795, with investors awaiting the result of a meeting of European Union leaders on the bloc’s response to the economic turmoil caused by the pandemic.

Britain’s economy is crumbling

Australia's Santos 2020 First Quarter Activities Report

Baker Hughes Company Announces First Quarter 2020 Results

Brent crude touched $15.98 a barrel, WTI was down 51 cents, or 4.4%, at $11.06 a barrel.