December 2020

The blue-chip CSI300 index rose 0.9% to 4,934.84, while the Shanghai Composite Index added 0.7% to 3,369.12.

The UK energy regulator has approved a £40bn (€44.3bn) investment plan for 2021-2026, which seeks to improve the country’s gas and electricity transmission and distribution infrastructure and to deliver emissions-free green energy.

Gas-fired power plants account for 38% of Mexico’s installed capacity, with 32 GW at the end of 2019.

Egypt is among a small group of spot-exposed LNG exporters that were forced to curtail production because of low prices in mid-2020.

ПАО «НК «Роснефть» и Equinor закрыли сделку, в результате которой норвежская компания приобретает 49% ООО «КрасГеоНац».

U.S. Rig Count is up 15 from last week to 338 , Canada Rig Count is up 9 from last week to 111

Brent was up 11 cents or 0.2% at $50.36 a barrel. WTI was up 11 cents or 0.2% at $50.36 a barrel.

"Without sufficient investment, a reduced supply of oil and gas could lead to greater market volatility and higher prices, slowing the global economic recovery and jeopardizing energy security and international goals," said the IEF,

At the Open of todays European Session, the BRENT was trading at 49.00 price average shrugging off the build and shifting more focus towards the demand and recovery.

MSCI’s ex-Japan Asia-Pacific index firmed 0.3%, on track for its sixth straight week of gains, while Japan’s Nikkei eased 0.4%.