The pan-European STOXX 600 index was down 1.6%, after surging almost 8% since April 6 on early signs the health crisis was ebbing and on hopes that sweeping lockdown measures would soon be lifted.

The project was approved by a federal government order in 2018. Tvel said the synchrotron and related infrastructure are scheduled to be commissioned in 2024. Total investment in the project will be more than $580m.

Brent fell 8 cents, or 0.3%, to $31.66 a barrel, WTI was down 36 cents, or 1.6%, at $22.05

"США, Канада, Норвегия и другие страны-производители нефти исходя из тех заявлений, которые сделали министры энергетики других стран, их общее сокращение с мая по июнь может составить от 15 до 20 млн баррелей в сутки", - сообщил глава Минэнерго России.

This is Saudi Arabia's second consecutive monthly price cut after it slashed crude prices by $5-$8/b for April loading crude last month.

Crude oil production from the major US onshore regions is forecast to decrease 183,000 b/d month-over-month in April from 8,709 to 8,526 thousand barrels/day, gas production to decrease 869 million cubic feet/day from 84,027 to 83,158 million cubic feet/day .

The Philippine index led the gains, rising 3% and hit its highest close in a month. Big caps Ayala Corp and Bank of the Philippine Islands rose 8.3% and 5.2%, respectively.

The Australian dollar rose 0.7% to $0.6432, the New Zealand dollar firmed 0.6% to $0.6131 and the pound added 0.4% to $1.2562 - their strongest since mid-March.

U.S. gold futures GCcv1 settled 0.5% higher at $1,761.40 an ounce and hit their highest since February 2013 at $1,769.50.

France's finance Minister Bruno Le Maire said the economy was now expected to contract 8% this year instead of the 6% flagged as recently as Thursday.

Baker Hughes has approved a plan that will result in restructuring, impairment, and other charges of approximately $1.8 billion

Brent rose 16 cents, or 0.5%, to $31.64 a barrel, WTI were up 37 cents, or 1.6%, to $23.13 a barrel

effective oil supply cuts by OPEC and its allies, a group known as OPEC+, will amount to 12.5 million barrels per day

Заключая соглашение, Минэнерго действует в интересах как производителей, так и потребителей нефти, и в первую очередь, в интересах России, отметил Александр Новак.

«Все сошлись во мнении о сокращении добычи на 10 млн барр/с странами ОПЕК и не-ОПЕК на май и июнь. В течение следующего полугодия мы частично восстановим добычу до сокращения в 8 млн б/c. Это соглашение будет действовать два года, на 2021 год параметры в соглашении заложены в 6 млн б/с», - сказал глава Минэнерго России.