August 2020

Brent fell 7 cents to $45.10 a barrel, WTI was down 25 cents at $41.94.

The last time India witnessed negative growth in oil demand was in 2001 when consumption had fallen marginally from 2000 levels.

With 6.1 GW new capacity added, 2019 was the best year in history for the global offshore wind industry.

Over the same period, BP’s oil and gas production is expected to reduce by at least one million barrels of oil equivalent a day, or 40%, from 2019 levels.

U.S. gold futures rose 0.8% to $2,064.60.

The U.S. goods and services deficit was $50.7 billion in June

Brent was up 44 cents, or 1%, at $44.87 a barrel, WTI rose 43 cents, or 1%, to $42.13 a barrel.

Production of crude oil decreased in the United States in May 2020 by 1.99 million barrels per day (b/d)

The Shanghai Composite index closed up 0.2% at 3,377.56.

Russian exports to Europe via the four main corridors -- Nord Stream, Yamal-Europe, Ukraine and TurkStream -- had hovered around 11.1 Bcm over the previous three months, around 25% lower year on year.