GAS PRICES: ABOVE $3.2
YF - The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 43 billion cubic feet for the week ending March 24. Analysts surveyed by S&P Global Platts were expecting a storage decline of 43 billion cubic feet. The five-year average for the week is a withdrawal of around 27 billion cubic feet, and last year's storage increase for the week totaled 19 billion cubic feet. Natural gas inventories fell…
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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.