The Nikkei 225 Index closed up 0.18% at 26,806.67, reversing losses from morning trade. The broader Topix rose 0.32% to 1,792.58.

The US brought live 3.8 GW of solar photovoltaic (PV) capacity in the third quarter of 2020, and is seen to reach 19 GW of annual installations.

Brent fell 15 cents, or 0.3%, to $50.61 a barrel. WTI fell 13 cents, or 0.3%, to $47.49 a barrel.

Средняя цена на нефть Urals за период мониторинга с 15 ноября по 14 декабря 2020 года составила $47,0469 за баррель, или $343,4 за тонну.

Over January-November, Chinese refineries processed 614.41 million mt or 13.44 million b/d of crude, up 3.1% year on year on a metric tons basis,

China’s blue-chip CSI 300 index added 0.15% and Hong Kong’s Hang Seng index climbed 0.86%.

U.S. industrial production increased 0.4 percent in November.

Brent fell 2 cents to $50.27 a barrel . WTI was up 2 cents at $47.01.

World oil demand for 2020 is expected to decline by 9.77 mb/d,

Global electricity demand in 2020 is projected to fall by around 2%. With the recovery of the global economy in 2021, global electricity demand is expected to grow by around 3%.

Crude oil production from the major US onshore regions is forecast to decrease 137,000 b/d month-over-month in December from 7,575 to 7,438 thousand barrels/day, gas production to decrease 744 million cubic feet/day from 81,521 to 80,777 million cubic feet/day .

Brent rose 67 cents, or 1.3%, to $50.64 a barrel . WTI were up 62 cents, or 1.3%, at $47.19 a barrel.

Consumption of refined fuels, a proxy for oil demand, in November rose 0.4% from the previous month to 17.83 million tonnes

The blue-chip CSI300 index rose 0.9% to 4,934.84, while the Shanghai Composite Index added 0.7% to 3,369.12.

U.S. Rig Count is up 15 from last week to 338 , Canada Rig Count is up 9 from last week to 111