South Korea on Tuesday doubled a planned economic rescue package to 100 trillion won ($80 billion) to save companies hit by the coronavirus and put a floor under crashing stocks and bond markets.

Today, we are announcing that we have embarked on a series of operational and financial initiatives that are expected to result in: reduction of underlying operating costs by $3-4 billion per annum over the next 12 months compared to 2019 levels; reduction of cash capital expenditure to $20 billion or below for 2020 from a planned level of around $25 billion; and material reductions in working capital.

Brent fell 65 cents, or 2.4%, to $26.33 a barrel, WTI were up 29 cents, or 1.3%, at $22.92 a barrel,

US oil producers are likely to be a victim of the oil-price war,

By the end of the year oil price will grow and return to a level of up to $60/b. If these processes continue, shale oil will exit the market

Aramco has pledged to supply 12.3 million b/d of crude in April and May

Rolls-Royce and its consortium partners have designed the UK SMR, a small pressurised water reactor that they say will be able to operate for 60 years and provide 400–450 MWe.

U.S. Rig Count is down 20 rigs from last week to 772, Canada Rig Count is down 77 rigs from last week to 98

Brent were up $1.90, or 6.7%, to $30.37 per barrel, WTI rose $2.03 to $27.25 a barrel.

That, in turn, has prompted several lawmakers from Texas, North Dakota, Alaska and other oil states to directly lobby Saudi Arabia, stressing the two countries' decades-long ties.

The average LNG price for May delivery into northeast Asia LNG-AS was estimated at $3.50 per million British thermal units (mmBtu), up 20 cents from the previous week,

The U.S. Senate on March 18 passed a multibillion-dollar coronavirus relief bill

The US sanctioned five UAE companies

India’s coal imports registered a decline of 14.1 per cent to 17.01 million tonnes (MT) in February

Australia’s central bank bought A$5 billion ($2.87 billion) in local government bonds on Friday