Brent was down 5.8%, or $1.45, to $23.48 a barrel, WTI fell as far as $19.92, near an 18-year low hit earlier this month, and was last trading down 3.8%, or $0.82, at $20.69 a barrel.

A group of six U.S. senators wrote a letter to Secretary of State Mike Pompeo this week saying Saudi Arabia and Russia “have embarked upon economic warfare against the United States” and were threatening U.S. “energy dominance”.

Saudi energy minister Prince Abdulaziz bin Salman and Russian counterpart Alexander Novak have not held any discussions about a joint agreement to balance oil markets, indicating no resolution to the price war.

Oil exporters in the Middle East and North Africa region will lose $192 billion in crude income in 2020

Sovereign wealth funds from oil-producing countries mainly in the Middle East and Africa are on course to dump up to $225 billion in equities,

gas prices in Europe and Asia have collapsed to record lows, while the U.S. Henry Hub benchmark tumbled to its lowest since 1995.

India intends to solarize its digital future. It became a world leader in the fight against climate change when Prime Minister Modi launched the International Solar Alliance with 121 member countries ahead of the Paris Agreement in 2015, with the primary objective to work for efficient exploitation of solar energy to reduce dependence on fossil fuels.

U.S. Rig Count is down 44 rigs from last week to 728, Canada Rig Count is down 44 rigs from last week to 54

Brent was down 40 cents, or 1.5%, at $25.94 a barrel, WTI was up 11 cents, or 0.5%, at $22.71.

Russia ramped up measures to combat the virus on Wednesday, with Russian President Vladimir Putin announcing that next week would be a paid non-working week throughout the country.

U.S. primary energy consumption totaled 100 quadrillion Btu, a 1% decrease from 2018. Natural gas consumption increased 3%, renewable energy consumption and nuclear electric power consumption each increased less than 1%, petroleum consumption decreased less than 1%, and coal consumption decreased 14%.

According to the Global Wind Energy Council (GWEC), a total of 60.4 GW of wind capacity was installed worldwide in 2019 (19% more than in 2018), raising the global wind capacity by 10% to more than 650 GW.

There are 10.4 gigawatts (GW) of utility-scale solar capacity currently under construction across the United States

Ottawa needs to retrofit an average of 10,000 to 15,000 homes a year over the next three decades.

U.S. real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the fourth quarter of 2019