U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 4.6 million barrels from the previous week. At 532.2 million barrels, U.S. crude oil inventories are about 12% above the five year average for this time of year.

Brent was up 45 cents, or 1.5%, at $31.42 a barrel, WTI was up 45 cents, or 1.5%, at $31.42 a barrel.

Energy demand will fall 6% in 2020 – seven times the decline after the 2008 global financial crisis

The bearish near-term outlook for the industry has forced many companies to reassess their forward expenditure. To date, more than US$85bn has been cut from over 100 companies across the industry.

TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced net income attributable to common shares for first quarter 2020 of $1.15 billion or $1.22 per share compared to net income of $1.0 billion or $1.09 per share for the same period in 2019.

The worldwide rig count for April 2020 was 1,514, down 450 from the 1,964 counted in March 2020

U.S. Rig Count is down 57 rigs from last week to 408, Canada Rig Count is up 1 rig from last week to 27

Brent was up $1.97 or 8.1%, at $26.20 a barrel, WTI climbed to $17.30 a barrel, up 14.9% or $2.24.

Russia is advocating a shift in the OPEC+ strategy once global crude oil recovers

Profit attributable to the owners of PJSC Gazprom for the year ended December 31, 2019 amounted to RUB 1,202,887 million which is by RUB 253,383 million, or 17 %, less than for the year ended December 31, 2018.

On Thursday April 30, 2020 at 07:00 BST (08:00 CEST and 02:00 EDT) Royal Dutch Shell plc released its first quarter results and first interim dividend announcement for 2020.

In the first quarter 2020, we recorded a loss attributable to shareholders of PAO NOVATEK in the amount of RR 30.7 billion (RR 10.20 per share) as compared to a profit of RR 381.8 billion in the corresponding period in 2019.

Brent were up 2.30%, or 47 cents, to $20.93 a barrel, WTI jumped 12.56% or $1.55 to $13.89

Уровень исполнения сделки будет 100%-ным, все компании взяли на себя обязательства по исполнению договоренностей. Мы равномерно распределяем среди всех компаний, которые занимаются добычей в России, это один из принципов распределения квот, которые мы обсуждали и который мы считаем правильными – все должны нести одинаковую нагрузку, одинаковый вклад, для того чтобы обеспечить балансировку рынка и скорейший выход из кризисной ситуации.

Мы ожидаем, что уже в мае начнет восстанавливаться бизнес, и многие страны будут отказываться от карантинных мер, что тоже должно повлиять на увеличение спроса. Но пока присутствует большая неопределенность: как заработает сделка ОПЕК+ с 1 мая и какой эффект она окажет, будут ли страны в полном объеме исполнять свои обязательства по сокращению.