FSUOGM Week 11
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Issue 1067 19•March•2020 Week 11
Another price collapse
Brent and WTI have fallen to their lowest levels since the early 2000s, as the COVID-19 crisis continues to sap fuel demand.
Buyers market
The drop in the value of shares in Russian oil and gas demand means its a good time for investors to buy, a Moscow investment bank argues.
Gazprom exports tumble
Gazprom’s exports slumped in January amid worsened conditions on the European gas market.
KMG gets lift
Kazakhstan’s KazMunayGas (KMG) has seen profits surge thanks to increased gas exports to China and non-recurring items.
