August 2020

the uncertainty related to the economic effects of the pandemic was extremely elevated

U.S. commercial crude oil inventories decreased by 1.6 million barrels to 512.5 million barrels,

Continued deployment of renewables will make natural gas a key fuel, contributing to the stability and security of power systems.

On an average daily basis, the CNOOC oil and gas production volume was up 5.5% from 1.34 million boe/d in the same period of last year.

it is estimated that the world will reach about 97% of pre-pandemic oil demand during the fourth quarter

Companies involving in building the Nord Stream 2 link can now be targeted

Job recovery in the U.S. clean energy sector slowed to a trickle in July

Brent fell 40 cents, or 0.9%, to $45.06 a barrel, WTI were down 34 cents, or 0.8%, at $42.55 a barrel

The Dow Jones Industrial Average fell 66.84 points, or 0.24%, to 27,778.07, the S&P 500 gained 7.79 points, or 0.23%, to 3,389.78 and the Nasdaq Composite added 81.12 points, or 0.73%, to 11,210.84.

The pan-European STOXX 600 index was down 0.1%