October 2020

Brent rose 59 cents, or 1.4%, to $42.58 a barrel, WTI added 45 cents, or 1.1%, to $40.40.

U.S. commercial crude oil inventories increased by 0.5 million barrels to 492.9 million barrels.

UOKiK said its own investigation had shown that Gazprom, France's Engie, Austria's OMV, Shell, and Germany's Uniper and Wintershall Dea had concluded a number of agreements regarding financing for Nord Stream 2 without having first obtained its approval to establish a joint venture for the project.

The emergence of large-scale North American LNG exports has made it easier for low-cost US gas to reach Asia’s LNG importing markets.

In 2019, China was the largest coal producer in the world, with an output of 3,691 Mt, followed by India (769 Mt) and the United States (640 Mt).

The U.K. Treasury is looking at having “a portion of equity from the government being invested” as a way of backing nuclear energy, Energy Minister Kwsai Kwarteng said on a panel at the ruling Conservative Party conference.

The pan-European STOXX 600 index .STOXX rose 0.4%

France's economic growth rebounded 16%,

Myanmar began its first LNG imports in June using small-scale vessels to supply emergency power projects that helped alleviate electricity shortages around the densely populated city of Yangon.

Brent crude futures fell 30 cents, or 0.7%, to $42.35 a barrel, WTI crude oil futures declined 42 cents, or 1%, to $40.25 a barrel.