RUSSIA & CHINA: NO SANCTIONS
Russia is developing non-dollar financing and ties with China in the face of U.S. and EU sanctions, the head of Rosneft's Swiss-based trading division, Marcus Cooper, said on Tuesday.
"Sanctions are being counteracted ... from a very high level," Cooper told the Platts' Global Crude Oil Summit.
Rosneft and its chief Igor Sechin, one of the closest allies of President Vladimir Putin, were hit by sanctions that prevent long-term financing, development of tight oil, Arctic and offshore deposits as part of broader measures against Russia for its actions in…
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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.