U.S. real gross domestic product (GDP) decreased at an annual rate of 4.8 percent in the first quarter of 2020

In 2019 energy production exceeded energy consumption in the United States on an annual basis,

Sterling rose 0.2% against the weaker dollar, at $1.2443. As the euro also strengthened versus the dollar, the pound was down around 0.3% versus the euro at 87.335 pence.

The pan-European STOXX 600 held at a near seven-week high with a 0.7% gain,

Iraq is heavily reliant on Iran to maintain its power supply, and even then it has significant blackouts that are exacerbated by the summer heat.

The Commodity Futures Trading Commission probe is focused on whether aspects of the strategy that the Russian government pursued last month with other members of the OPEC+ coalition leaked out to market participants ahead of time

The U.S. dollar was weaker against the Japanese yen and the euro

The pan-European STOXX 600 rose 1.5%, following gains in Asian markets after the Bank of Japan pledged to buy unlimited amount of bonds to keep borrowing costs low.

U.S. Utilities are accustomed to dealing with storm restoration and routinely handling crisis management, but COVID-19 is bringing new challenges for Utilities in a different way.

The original agreement provided for Hilcorp to pay $4.0 billion near-term and $1.6 billion through an earnout thereafter.

U.S. Rig Count is down 64 rigs from last week to 465, Canada Rig Count is down 4 rigs from last week to 26

the Nuclear Fuel Working Group’s Strategy to Restore American Nuclear Energy Leadership,

Compared to the two countries, the U.S. has also fallen behind on global sales of nuclear technology. “Civil nuclear reactor vendors from the United States have competed poorly in recent decades in the global new build market,”

The recommendations are meant to address growing concern in Washington that the United States has ceded its global leadership in nuclear technology in recent decades, and to boost domestic nuclear power producers and uranium miners suffering from a lack of investment.

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.