May 2020
![May 2020](/cache/05-20/price-429.6687c87c.jpg)
2020, May, 20, 11:55:00
OIL PRICE: NEAR $35 YET
Brent were up 10 cents, or 0.3%, at $34.75 per barrel, WTI were down 2 cents at $31.94 a barrel
![May 2020](/cache/05-20/eurasia-1.82288f67.jpg)
2020, May, 20, 11:50:00
ОБЩИЙ РЫНОК ЕВРАЗИИ
«Имеется формула, которую поддерживают три страны – Россия, Казахстан и Киргизия – ее суть в том, что подходы к ценообразованию на газ можно было бы определить позднее на переговорах по формированию общего рынка газа Евразэс.», - отметил Президент.
![May 2020](/cache/05-20/usa-167.a85bf8de.jpg)
2020, May, 20, 11:45:00
U.S. ECONOMY WILL DOWN BY 37%
the U.S. economy would contract at a 37.7% annual rate in the second quarter, but expand at a 21.5% pace in the July-September period.
![May 2020](/cache/05-20/price-427.d183e17b.jpg)
![May 2020](/cache/05-20/gas-184.e456934b.jpg)
2020, May, 20, 11:35:00
GAS DEMAND WILL DROP 2%
Global gas demand to total close to 3,878 billion cubic meters (Bcm) in 2020, down from 3,951 Bcm last year. In its pre-Covid-19 estimates, this year’s natural gas demand was expected to grow to 4,038 Bcm.
![May 2020](/cache/05-20/lng-238.b7f9ec14.jpg)
2020, May, 20, 11:30:00
ASIA'S LNG CLOSING
Asia's projects were meant to usher in the next wave of LNG demand, based off economic growth and electricity demand projections in the pre-COVID 19 era.
![May 2020](/cache/05-20/lng-236.c7f060de.jpg)
2020, May, 20, 11:25:00
GLOBAL WEAKNESS OF LNG
LNG developers have started relooking at their strategies and capex plans for 2020.
![May 2020](/cache/05-20/gas-183.62955a33.jpg)
2020, May, 20, 11:20:00
RUSSIA, POLAND: NO GAS TRANSIT
Gazprom will not renew a gas transit deal with Poland, which expires in May 2020.
![May 2020](/cache/05-20/nuclear-289.daeb2e4b.jpg)
2020, May, 20, 11:15:00
U.S. URANIUM PRODUCTION DOWN
The USA produced a total of 0.17 million pounds U3O8 (65.4 tU) of uranium concentrate from all domestic sources in 2019, according to a newly published annual report from the US Energy Information Administration (EIA). This was 89% less than in 2018.
![May 2020](/cache/05-20/energy-138.1c90546e.jpg)
2020, May, 20, 11:10:00
STEEL, HYDROGEN, RENEWABLE OPPORTUNITIES
The iron and steel sector produces coils, bars, wire, cast iron and other products. The largest share of energy use in this industry is for crude steel making.