Energy prices overall (which also include natural gas and coal) are expected to average 40 percent lower in 2020 but see a sizeable rebound in 2021.

the State of Kuwait sensing a responsibility for responding to market conditions has already decreased some of its supplies to the international markets,

Brent was up $1.60, or 7.8%, at $21.97 per barrel, WTI rose $1.74, or 12.6%, at $15.52 a barrel.

The U.S. oil industry was already struggling to satisfy investors unhappy with weak returns, even as the United States surged to become the world’s largest oil producer in the last few years.

The Argentinian government plans to set a minimum oil reference price for local producers at US$45/bbl,

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

ОПЕК+ Россия внимательно следят за ситуацией и имеют, в случае необходимости, все возможности для реагирования.

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.

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.

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,

Spot gold was down 0.2% to $1,680.46 per ounce