Deep OPEC+ cuts won't be enough to prevent oil inventory build: IEA head

A production cut of as much as 10 million barrels per day.

Capacity of offshore wind farms in the world reached 29 GW in 2019

Now the share of offshore wind farms is 10% of the total installed capacity of wind generation in the world.

Russian Urals comes out of the negative zone

Oil prices in Northwest Europe rose by $3.89 per barrel.

Oil rallies as Trump talks up truce hopes for Saudi-Russia price war

Brent crude futures rose 11.36%.

The United States, Russia and Saudi Arabia will jointly deal with the issue of oil prices – Trump

Now countries are discussing this issue.

Rosneft sold its assets in Venezuela

The assets were sold to a company 100% owned by the Russian government.

Oil price dynamics amid a price war between OPEC and Russia

Over the past week, world oil quotations have experienced serious volatility.

The dynamics of oil prices. US-China Trade Relations

Compared to July 31, oil prices fell down on 13%.

The pace of coal generation capacities shutdown in the US

During 2 years of Trump’s Presidency 23 400 MW of electricity production capacities from coal was closed.

Environmental friendliness of electricity generation in the US

U.S. CO2 emissions have fallen to their lowest level in a generation since 1990.