October 2020

The goal of carbon-neutrality by 2060 will require China to kick its longstanding addiction to coal while building unprecedented amounts of intermittent wind and solar capacity.

The European economy is projected to contract by 7 percent in 2020 and rebound by 4.7 percent in 2021.

Baker Hughes Company (NYSE: BKR) ("Baker Hughes" or the "Company") announced results today for the third quarter of 2020.

Brent were trading flat at $42.62 a barrel, WTI rose 5 cents, or 0.1%, to $40.88.

The Committee reviewed the crude oil production data for the month of September 2020 and welcomed the positive performance in the overall conformity level for participating OPEC and non-OPEC Countries, at 102 per cent,

OPEC and 10 partners are set to ease their 7.7 million b/d collective production cuts by about a quarter to 5.8 million b/d at the start of 2021,

Real GDP for oil exporters including Saudi Arabia and Iran will shrink 6.6% this year,

The plant’s projected cost of $6.1 billion has risen from $3.6 billion in 2017

ConocoPhillips (NYSE: COP) and Concho Resources (NYSE: CXO) announced that they have entered into a definitive agreement to combine companies in an all-stock transaction.

Brent was down 30 cents, or 0.7%, to $42.63 a barrel, WTI was down 28 cents, or 0.7%, at $40.60.