March 2020

Saudi Arabia and Russia launched a war for market share, flooding global markets with crude. Oil traded in New York was trading at $30.76 a barrel in aftermarket hours on Thursday, down more than 2%.

The benchmark S&P 500 and the Nasdaq have lost over a quarter of their value since reaching record closing highs just 16 sessions ago, as nations around the world grapple with how to contain the fast-moving coronavirus and its economic effects.

The falls in the bonds come in the wake of the failure of Opec and Russia late last week to agree a deal on cutting production,

Moscow’s decision to withdraw last week from a pact with Saudi Arabia to limit crude production, sparking an oil war that sent prices crashing 30 per cent on Monday, upending global markets.

Rosneft Trading and TNK Trading handled a "large percentage" of Venezuela's oil exports in 2019

По состоянию на 1 марта 2020 г. объем ФНБ составил 8 249 592,3 млн. рублей, или 7,3% ВВП, прогнозируемого на 2020 год в соответствии с Федеральным законом от 2 декабря 2019 г. № 380-ФЗ «О федеральном бюджете на 2020 год и на плановый период 2021 и 2022 годов», что эквивалентно 123 145,0 млн. долл. США,

The US was the second biggest LPG supplier to China in 2017 at 3.54 million mt, comprising 3.37 million mt of propane and 162,668 mt of butane. The volume dropped 54% a year later in 2018 to 1.62 million mt as a result of trade tensions between the two economies, and in 2019 only 2,443 mt of US propane was imported into China, customs data showed.

Researchers have stated that hydrogen is likely to be cost-competitive by 2035. But other technologies, such as battery storage, which have had a head start over hydrogen are more economical in the short term.

Brent was trading down $1.65, or 4.6%, at $34.14 , WTI was down $1.38, or 4.2%, at $31.60

EIA forecasts Brent crude oil prices will average $43/b in 2020, down from an average of $64/b in 2019. For 2020, EIA expects prices will average $37/b during the second quarter and then rise to $42/b during the second half of the year. EIA forecasts that average Brent prices will rise to an average of $55/b in 2021, as declining global oil inventories put upward pressure on prices.