2020

Renewable power production in Argentina jumped by 85.9% year-on-year to 956 GWh in January

Brazil's solar power output in the first 15 days of the month went up to 587 average megawatts (MWa) from 495 MWa a year ago for a 18.6% increase.

“GDP growth in Saudi Arabia is projected to see an upturn in 2020,” said Kholifey. “Monetary, fiscal and structural policies in my country are all geared towards an expansion of the private non-oil sector GDP over the medium term,” he said.

Despite slower regional and global growth, real GDP grew 3.3 percent in 2019 and is forecast to grow by 3.4 in 2020 led by internal demand. Sustained immigration, remittances, and accommodative monetary and credit conditions are expected to continue supporting private domestic demand, including rising investment. Notwithstanding growth resilience, the labor market remained weak in 2019.

URUGUAY'S GDP growth is expected to rebound from an estimated 0.5 percent in 2019 to 2.1 percent in 2020 and 2.5 percent in 2021

U.S. Rig Count is up 1 rig from last week to 791, Canada Rig Count is down 11 rigs from last week to 244

Eni upped its resource estimate at its Angolan offshore field Agogo by over 40%

Brent was down 64 cents, or 1.1%, at $58.67 a barrel, WTI dropped 54 cents, or 1%, at $53.34 a barrel.

"Если говорить о сроках встречи, то, наверное, общее сейчас понимание, что переносить на более ранние сроки уже нет целесообразности. То есть та встреча, которая была запланирована, 4 марта — JMMC (министерский мониторинговый комитет — ред.), 6 марта — встреча ОПЕК+. На мой взгляд, она в эти сроки и должна состояться. Но опять же — это мое мнение. Осталось две недели, ничего нет такого чрезвычайного, чтобы переносить сроки", — добавил Новак.

Russia's Sibanthracite group aims to boost the annual export capacity of Russian coals to 100 million mt with newly launched infrastructure project to build the second tunnel on Baikal Amur Mainline railway.