French gas demand has dived by a quarter since mid-March amid the economic slowdown caused by the coronavirus lockdown, with industrial demand slumping 40%, latest TSO data showed on Thursday.
read more... 10/04/2020
Crude oil prices hit 18-year lows on Wednesday, as governments force local lockdowns in response to the coronavirus outbreak, affecting global oil and fuel demand. Brent crudeplunged by 13.4% to $24.88 a barrel. WTI futures traded 24.4% down at $20.37 a barrel.
read more... 19/03/2020
Crude oil futures decreased sharply on Monday as the coronavirus pandemic continued to play havoc across the energy complex, forcing countries to go into lockdown. Furthermore, top oil producers announced their intention to flood the black gold markets after their ally, Russia, refused on March 6 to further limit the oil production to prop up prices.
read more... 17/03/2020