Brent crude oil prices averaged $32/barrel (b) in March, a decrease of $24/b from the average in February and the lowest monthly average since January 2016.

Oil slid to $25 a barrel on Wednesday, within sight of its lowest in 18 years,

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%.

India’s coal imports registered a decline of 14.1 per cent to 17.01 million tonnes (MT) in February

EIA forecasts Brent crude oil prices will average $43/b in 2020, down from an average of $64/b in 2019. For 2020, EIA expects prices will average $37/b during the second quarter and then rise to $42/b during the second half of the year. EIA forecasts that average Brent prices will rise to an average of $55/b in 2021, as declining global oil inventories put upward pressure on prices.

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China’s coal consumption and total energy consumption increased by 1% and 3.3%, respectively, in 2019.

The Ministry of Trade, Industry and Energy said in a statement that 21 to 28 coal-fired power plants would be closed from March 1 to March 31 in an effort to reduce emissions of fine dust.

China's capacity resumption rate for all coal firms has reached 76.5%.

Russia's Sibanthracite group aims to boost the annual export capacity of Russian coals to 100 million mt with newly launched infrastructure project to build the second tunnel on Baikal Amur Mainline railway.

EIA now expects global petroleum and liquid fuels demand will rise by 1.0 million b/d in 2020, which is lower than the forecast increase in the January STEO of 1.3 million b/d in 2020, and by 1.5 million b/d in 2021.

At the urging of China’s energy regulator, coal producers accelerated output resumption. About two-thirds of national capacity restarted as of Thursday.

Министр энергетики Российской Федерации Александр Новак встретился с Министром энергетики Республики Казахстан Нурланом Ногаевым

EIA forecasts Brent prices will average $61/b in 2020; with prices averaging $58/b during the first half of the year and $64/b during the second half of the year. EIA forecasts the average Brent prices will rise to an average of $68/b in 2021.

U.S. coal and nuclear power plants will collectively provide more than 25% of electricity generation through 2050.