Australia's Santos 2020 First Quarter Activities Report

Baker Hughes Company Announces First Quarter 2020 Results

Brent crude touched $15.98 a barrel, WTI was down 51 cents, or 4.4%, at $11.06 a barrel.

Monday's unprecedented meltdown in oil prices, with front-month NYMEX WTI futures diving deep into negative territory as Tuesday's expiry of the May contract neared, was the exclamation point on what many OPEC+ delegates have described as an alarming and depressing ride.

The Dow Jones Industrial Average fell 631.56 points, or 2.67%, to 23,018.88, the S&P 500 lost 86.6 points, or 3.07%, to 2,736.56 and the Nasdaq Composite dropped 297.50 points, or 3.48%, to 8,263.23.

MSCI's broadest index of Asia-Pacific shares outside Japan fell as much as 1% before erasing losses to last stand at 0.4% higher while Japan's Nikkei slumped 0.7%.

Podcast/Audio - Significant power price drops as a result of oversupply, congestion and decreasing demand, with renewable curtailments increasing.

39,008 GWh - total electricity generation by RusHydro Group including Boguchanskaya hydropower plant in 1Q 2020 (+19.2%)

Brent crude for was down 48 cents, or 1.9%, at $25.09 per barrel, WTI was up $38.99 in thin trade at $1.36 a barrel

NYMEX May WTI settled at minus $37.63/b, down $55.90 from Friday.

The Dow Jones Industrial Average .DJI dropped 2.44% to end at 23,650.44 points, while the S&P 500 .SPX lost 1.79% to 2,823.16.

The Nikkei share average fell 1.97% to 19,280.78, slipping further from Friday’s near six-week high of 19,922.

The project (4,560 MW), when fully operational at the end of 2022, will not only create the largest power plant in American but the largest generator of carbon-free power in the country as well.

It is Shell’s first big investment decision since the coronavirus crisis and tensions between Saudi Arabia and Russia caused oil prices to crash below $30 per barrel. Natural gas prices are currently at historic lows.

Brent was down $1.12, or 4%, at $26.96 a barrel, WTI fell $4.79, or 26.2%, to its lowest since March 1999 at $13.48,