2020

the UK Department for Business, Energy & Industrial Strategy (BEIS) needs to decide by July 1 whether the 2.4-GW Hornsea Three project and the 1.8-GW Norfolk Vanguard development can proceed.

There is a lot of opportunity for natural gas and LNG to make more of an impact on the global energy mix.

Brent rose 2.5%, or 97 cents, to $39.29 a barrel, WTI climbed 2.5%, or 88 cents, to $36.32 a barrel.

"The presidents addressed world oil market developments in the context of implementing the OPEC+ agreement," the Kremlin said. "It was stated that this multilateral agreement, reached with the active support of the presidents of Russia and the United States, would lead to a gradual restoration of oil demand and price stabilisation."

Russian oil and gas condensate production fell to 39.7 million tonnes (9.39 million barrels per day) in May

The recent rebound in domestic oil and gas consumption may be difficult to sustain over the rest of the year, as recent data for the China's economy suggests an uneven and difficult road to recovery that could weigh on energy demand.

The euro last fetched $1.1178, up 0.4% on the day , after rallying to $1.1185, its highest since March 17.

Investing in nuclear power as part of the post-virus recovery would help stimulate the economy and ease the path towards carbon neutrality,

France imposed one of the Europe’s strictest lockdowns in mid-March and only began removing restrictions on May 11

Brent was unchanged at $37.84 per barrel, WTI for July delivery were at $35.53 a barrel