August 2020

Brent was 29 cents, or 0.7%, lower at $44.67, WTI slipped 25 cents, or 0.6%, to $41.99.

U.S. exports of LNG fell to an average of 3.1 Bcf/d in July 2020.

Mozambique's defence forces (FDS) confirmed "terrorists" launched "sequenced attacks" on several villages surrounding the port over the past week in an attempt to occupy the town.

The data showed wind and solar power increased 14% in the first half of 2020

This is Malaysia's worst performance on record and first quarterly decline since the third period of 2009, amid the global financial crisis.

Brent fell 7 cents, or 0.1%, to $45.36 a barrel, WTI was down 3 cents, or 0.1%, to $42.64 a barrel.

For 2021, world oil demand growth is forecast to rise by 7.0 mb/d,

monthly Brent spot prices will average $43/b during the second half of 2020 and rise to an average of $50/b in 2021.

U.S. commercial crude oil inventories decreased by 4.5 million barrels to 514.1 million barrels,

The U.S. budget deficit climbed to $2.81 trillion in the first 10 months of the budget year,