EU GAS PRICES
European gas prices started the summer season at a five-year low, signaling easing concern about disruptions to Russian supply and below-average reserves.
In the UK market, the region’s biggest, gas fell 8.3% in March, the largest drop since December. Prices retreated as deliveries of gas by ship and Russian fuel through pipelines accelerated, boosting optimism that suppliers can refill inventories that are the smallest for the time of year since 2013.
Expanding shipments are diminishing worries that Russia and Ukraine won’t agree on a new gas-sales agreement, risking a repeat of the disrupted flows to Europe…
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South Korea's economy has been pushing to shed its heavy reliance on coal and nuclear power, with the latest target coming on top of a 2017 plan to increase the amount of renewables in its energy mix to 20 percent by 2030.
The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.
the goods and services deficit was $49.4 billion in February, down $1.8 billion from $51.1 billion in January,
BHGE - U.S. Rig Count is down 10 rigs from last week to 1,012, with oil rigs down 8 to 825, gas rigs down 2 to 187, and miscellaneous rigs unchanged at 0. Canada Rig Count unchanged from last week at 66, with oil rigs up 1 to 19 and gas rigs down 1 to 47.