April 2020
![April 2020](/cache/04-20/RIG-164.710024ea.jpg)
2020, April, 6, 14:00:00
WORLDWIDE RIG COUNT DOWN 161 TO 1,964
The worldwide rig count for February 2020 was 2,125, up 52 from the 2,073 counted in January 2020, and down 181 from the 2,306 counted in February 2019.
![April 2020](/cache/04-20/RIG-163.46794570.jpg)
2020, April, 6, 13:55:00
U.S. RIGS DOWN 64 TO 664
U.S. Rig Count is down 64 rigs from last week to 664, Canada Rig Count is down 13 rigs from last week to 41
![April 2020](/cache/04-20/PRICE-294.51bcf10a.jpg)
2020, April, 3, 12:20:00
OIL PRICE: NEAR $31
Brent gained 3.64% to $31.03, WTI fell 0.83% to $25.11.
![April 2020](/cache/04-20/PRICE-292.8b555b6b.jpg)
2020, April, 3, 12:15:00
OPEC+ DISCUSSES REDUCTION
The OPEC+ crude oil exporter group is debating cutting global supply by 10 million barrels per day
![April 2020](/cache/04-20/PRICE-290.319cb680.jpg)
2020, April, 3, 12:10:00
#OilPriceWar: SAUDI ARABIA CALLS OPEC+
"It's impossible to take measures to reduce OPEC+ production by 20 million b/d, this is probably half of all countries' total production," Novak said
![April 2020](/cache/04-20/PRICE-288.8f76b05f.jpg)
2020, April, 3, 12:05:00
#OilPriceWar: OPEC+ NOT ENOUGH
Russian energy minister Alexander Novak said a coordinated OPEC+ production cut would not be enough to compensate for the fall in demand caused by the coronavirus pandemic, which he said could reach 20 million b/d.
![April 2020](/cache/04-20/PRICE-291.b3caf264.jpg)
2020, April, 3, 12:00:00
#OilPriceWar: RUSSIA'S OIL PRICE $20
Urals crude, Russia’s export blend, is now trading firmly below $20 a barrel, a level which could equate to a budget deficit of 2% of gross domestic product this year,
![April 2020](/cache/04-20/usa-127.28adf91c.jpg)
2020, April, 3, 11:55:00
U.S. INTERNATIONAL TRADE DEFICIT $39.9 BLN
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $39.9 billion in February, down $5.5 billion from $45.5 billion in January, revised.
![April 2020](/cache/04-20/HYDROGEN-3.4c9e0a53.jpg)
2020, April, 3, 11:50:00
CARBON NEUTRAL FUEL INVESTMENT €1.7 MLN
A consortium led by circular carbon energy company Liquid Wind will produce liquid, carbon neutral fuel from captured carbon dioxide and green hydrogen at a new facility in Sweden.
![April 2020](/cache/04-20/PRICE-286.a41642fb.jpg)
2020, April, 2, 15:05:00
OIL PRICE: NEAR $27
Brent was up 10.75%, or $2.66, to $27.40, WTI rose 10.09% or $2.05, to $22.36.