May 2020

TC Energy Corporation has completed the sale of a 65 per cent equity interest in the Coastal GasLink Pipeline Project

Brent was up 6 cents, or 0.2%, at $35.19 a barrel, WTI had gained 27 cents, or 0.82%, at $33.52 a barrel.

Oil markets are being significantly disrupted due to global market dynamics and the coronavirus pandemic, the oil price crash was "causing financial and credit challenges, including oil company bankruptcies."

Germany's capital investments fell by 6.9%, private consumption by 3.2% and exports by 3.1%

Putin ordered ministers to work out “special rates” that pipeline operator Transneft PJSC and Russian Railways JSC will charge for transporting crude and petroleum products

The desperately needed shipments have caused a diplomatic standoff between the United States and Iran and Venezuela, which are under U.S. sanctions.

Buy-now-pay-later firm Afterpay starred again as it jumped 9% to a record high and helped the benchmark S&P/ASX 200 end 2.2% higher at 5,615.6.

The floating nuclear power plant (FNPP) Akademik Lomonosov has been fully commissioned in Pevek,

U.S. Rig Count is down 21 rigs from last week to 318, Canada Rig Count is down 2 rigs from last week to 21

Brent dropped $1.96, or 5.4%, to $34.10 a barrel, WTI declined by $2.41, or 7.1%, to $31.51.