October 2020

Brent slipped for a third day and was down 51 cents, 1.4%, at $37.14 a barrel, WTI declined 48 cents, or 1.3%, to $35.69 a barrel.

Eurostat said gross domestic product in the 19 countries sharing the euro surged 12.7% quarter-on-quarter in the July-September period after a 11.8% contraction in the previous three months.

Russia was Turkey's top gas import destination, supplying 1.37 bcm of natural gas while Azerbaijan and Iran followed with 986 and 406 mcm, respectively.

The USA and Bulgaria recently signed a Memorandum of Understanding (MoU) on civil nuclear cooperation.

Total SE's Board of Directors met on October 29, 2020, under the chairmanship of CEO Patrick Pouyanne to approve the Group's third quarter 2020 financial statements.

ConocoPhillips (NYSE: COP) today reported a third-quarter 2020 loss of $0.5 billion, or ($0.42) per share, compared with third-quarter 2019 earnings of $3.1 billion, or $2.74 per share.

IFRS net income was negative USD 2.12 billion in the third quarter, down from negative USD 1.11 billion in the third quarter of 2019.

The company anticipates approximately 1,900 employees will be affected through voluntary and involuntary programs.

Brent were down $1.96, or 5%, at $37.16, WTI fell $1.94, or 5.2%, to $35.45.

U.S. commercial crude oil inventories increased by 4.3 million barrels to 492.4 million barrels,