Brent were 68 cents higher at $58.97 a barrel, WTI were up by 70 cents to $52.84 a barrel

In the AEO2020 Reference case, U.S. crude oil production reaches 14.0 million barrels per day (b/d) by 2022 and remains near this level through 2045 as tight oil development moves into less productive areas and well productivity declines.

The big annual boost in Saudi shipments followed a new marketing strategy by state-run Aramco, which signed at least two new supply pacts with private refiners in China that came into the market from late 2018. Previously, Saudi Aramco had only dealt with China’s state refiners in long-term contracts.

U.S. electricity generation from renewable sources such as wind and solar to surpass nuclear and coal by 2021 and to surpass natural gas in 2045.

Turkey's total gas consumption decreased by 15.8% to approximately 3.44 bcm in November 2019, from around 4.09 bcm in November 2018.

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

Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee decided to maintain the target range for the federal funds rate at 1‑1/2 to 1-3/4 percent.

Kazakhstan’s recovery has continued, with growth in the first nine months of 2019 reaching 4.3 percent. High domestic demand driven by major oil and gas investments and government and household consumption supported by wage increases and consumer lending has underpinned the economy’s strong performance.

Brent rose 66 cents, or 1.1%, to $60.17 a barrel. U.S. WTI was up 62 cents, or 1.2%, at $54.10 a barrel.

The U.S. government will spend $1 trillion more than it collects in 2020 and deficits will reach or exceed that threshold every year for the foreseeable future. As a share of gross domestic product, the deficit will be at least 4.3% every year through 2030.

Overall, China's power generation rose by 4.7% in 2019, triggered by nuclear power generation (+18%) and renewable power generation (+5.7% for hydropower, +11% for wind and +25% for solar). CO2-free power generation thus accounted for 32.6% of the country's power mix. Thermal power generation grew at a slower pace (+2.4%, with +1.7% for coal-fired power generation).

In November 2019, Coal India decided to advance its coal production target of 1 Gt/year by two years, from 2026 to 2024.

Wind power is one of the most important drivers of Germany’s transition to renewable energy and a related target for green energy to reach 65% of electricity production by 2030 will be missed at the current rate of turbine growth,

U.S. renewable energy consumption totaled 924 trillion British thermal units (Btu), which accounted for 12% of U.S. total primary energy consumption.

The price of gas on the wholesale market decreased from €23.2/MWh in 2018 to €13.6/MWh in 2019 (-41%).