April 2020
![April 2020](/cache/04-20/usa-136.6fe05c4f.jpg)
2020, April, 29, 12:37:00
U.S. ENERGY PRODUCTION UP, CONSUMPTION DOWN
In 2019 energy production exceeded energy consumption in the United States on an annual basis,
![April 2020](/cache/04-20/saudi-162.c0e71853.jpg)
2020, April, 29, 12:35:00
SAUDI'S RESERVES DOWN TO $464 BLN
The Saudi Arabian Monetary Authority said on Tuesday its net foreign assets, which include securities such as U.S Treasuries and foreign deposits, fell in March to $464 billion, their lowest since 2011.
![April 2020](/cache/04-20/lng-232.cb1e8b0c.jpg)
2020, April, 29, 12:30:00
GLOBAL LNG CHALLENGES
LNG output jumped by the largest increment ever, 40.9mn t, and grew by the fastest annual rate since 2010, 13pc.
![April 2020](/cache/04-20/lng-233.4180beb3.jpg)
2020, April, 29, 12:25:00
SHELL LNG NEED CHINA MARKET
Jiangsu is China’s biggest provincial gas market with consumption growing by 6.3pc in 2019 to 28.7bn m³
![April 2020](/cache/04-20/price-386.ffcabe9a.jpg)
2020, April, 29, 12:20:00
U.S.$ DOWN YET
Sterling rose 0.2% against the weaker dollar, at $1.2443. As the euro also strengthened versus the dollar, the pound was down around 0.3% versus the euro at 87.335 pence.
![April 2020](/cache/04-20/solar-18.40719785.jpg)
2020, April, 29, 12:15:00
UAE SOLAR POWER PRICE DOWN
UAE, Abu Dhabi Power Corporation (ADPower) announced, today, the world’s lowest tariff for solar power.
![April 2020](/cache/04-20/price-385.0ddedf59.jpg)
2020, April, 28, 14:30:00
OIL PRICE: NEAR $20
Brent rose 41 cents, or 2%, to $20.40 a barrel, WTI was down 78 cents, or 6%, at $12.00 a barrel.
![April 2020](/cache/04-20/lng-229.bd4d0691.jpg)
2020, April, 28, 14:25:00
LNG PRICES WILL BE WEAK
"Due to the low LNG prices in 2019, and into 2020 amid a global LNG supply surplus and uncertainties in the trade environment, some of the proposed projects are seeing slower progress towards FID," the report said. "With the additional effect of COVID-19 on stock markets, many companies, including those in the energy industry, are struggling financially, further delaying progress of projects."
![April 2020](/cache/04-20/europe-69.6990542c.jpg)
2020, April, 28, 14:20:00
EUROPE'S STOCKS UP YET
The pan-European STOXX 600 held at a near seven-week high with a 0.7% gain,
![April 2020](/cache/04-20/germany-36.dbe3adf4.jpg)
2020, April, 28, 14:15:00
GERMANY'S ECONOMY WILL DOWN BY 6.6%
Germany's economy shrank by 1.9% in the first three months of 2020