In the April 2020 update of its Short-Term Energy Outlook (STEO), released on April 7, and before a recently announced agreement by oil producing countries to limit production, the U.S. Energy Information Administration (EIA) forecasts that U.S. crude oil production will average 11.8 million barrels per day (b/d) in 2020, a 4% decline from the 2019 production levels. Crude oil production will average 11.0 million b/d in 2021, a 6% decline from 2020 (Figure 1). If realized, the STEO 2020 production decline would mark the first annual decrease since 2016. The majority of the forecasted production decline occurs between the first and fourth quarters of 2020, dropping from 12.7 million b/d to 11 million b/d (13%) and remaining around that level through 2021. The forecast did not incorporate the April 12 joint announcement by the Organization of the Petroleum Exporting Countries (OPEC) and several other non-OPEC countries to reduce crude oil production. These production reductions may significantly affect global balances and could provide upward price pressure that would affect U.S. crude oil drilling and production. ...

On Monday, April 20, 2020, New York Mercantile Exchange (NYMEX) West Texas Intermediate (WTI) crude oil front-month futures prices fell below zero dollars per barrel (b)—at one point, trading at -$40.32/b (Figure 1)—and remained below zero for part of the following trading day. Monday marked the first time the price for the WTI futures contract fell below zero since trading began in 1983. Negative prices in commodity markets are very rare, but when they occur they typically indicate high transactions costs and significant infrastructure constraints. In this case, the WTI front-month futures contract was for May 2020 delivery, and the contract was set to expire on April 21, 2020. Unless they have made other arrangements ahead of time, market participants that hold WTI futures contracts to expiration must take physical delivery of WTI crude oil in Cushing, Oklahoma. Typically, most market participants close any futures contracts ahead of expiration through cash settlement in order to avoid taking physical delivery, and only about 1% of contracts are physically settled. The extreme market events of April 20 and April 21 were driven by several factors, including the inability of contract holders to find other market participants to sell the futures contracts. In addition, in this case, the scarcity of available crude oil storage meant several market participants sold their futures contracts at negative prices, in effect paying a counterparty to close out of the contracts. ...

On April 27, 2020, the U.S. average regular retail gasoline price was $1.77 per gallon (gal), the lowest price since February 2016. On May 4, the U.S. average gasoline price increased slightly to $1.79/gal. The United States declared a national emergency on March 13 in response to concerns regarding spread of the 2019 novel coronavirus disease (COVID-19). From March 16 to May 4, the U.S. average regular retail gasoline price fell by $0.46/gal. The lower gasoline prices reflect low crude oil prices, low gasoline demand, and rising gasoline inventories. ...

Listeners called the Anaconda rapper out as disrespectful after using the lyrics: 'All you b*****s Rosa Parks, uh oh, get your a** up' in the forthcoming track, tentatively titled Yikes.

The reality star, 28, has hit back at 'rude' people who have criticised her for taking a trip from London to Henley amid the coronavirus pandemic in an Instagram post shared on Wednesday.

Many have attributed Masterchef's return to ratings success to the show's clear focus on drama-free, family-friendly television.

For weeks, Married At First Sight's Jessika Power has been dropping hints that she will appear on Love Island Australia as an 'intruder'. 

Eminem had a face-off with a home intruder at his house in Detroit, reports say.

Matthew David Hughes, the man who was arrested for breaking into Eminem's Detroit home last month, was arrested in June 2019 for trespassing on two Michigan properties while on the prowl for the rapper.

Unleaded petrol prices in Brisbane have soared to the highest level since November 2004 even though the benchmark price of crude oil has actually fallen during the past week.

The phallic shape of the amber weather warning issued for Wales by the Met Office due to Storm Dennis raised a few eyebrows among BBC Breakfast viewers this morning.

The former footballer, 44, had found his wife's new marigolds which she had branded with her 'VB' initials and defaced them with a very crude symbol.

She was brutally dumped by Nick Cummins on The Bachelor back in 2018.

The Danish 56-year-old slammed the Queen of Pop on Monday for keeping Las Vegas concertgoers waiting two hours to see her Madame X Tour

Carrie Bickmore is known as a well-mannered and respectable TV and radio host, who has received a Gold Logie for her work on The Project.

In Wednesday's episode of Reno Rumble, the Blue Tongue team had 72 hours to get ahead of the Redbacks who were leading with three extra points. 

Emmanuel Macron and Justin Trudeau were pictured sharing a warm embrace in Paris today, as they met to discuss a new EU-Canada trade deal. 

Justin Trudeau met with Donald Trump in the Oval Office to talk trade before receiving a much warmer welcome from Nancy Pelosi, who settled her basketball bet with the Canadian prime minister. 

Canada's Prime Minister Justin Trudeau led the charge of revelers at the Pride Parade in Toronto on Sunday, where the thousands took to the streets waving rainbow flags.

Donald Trump and Canadian Prime Minister Justin Trudeau have exchanged at least a few hand-written notes, according to a Monday report.

Trump took to Twitter to defend Trudeau after a Canadian critic accused him of being 'submissive' to the president after 'trash-talking' him to the press. 

'President Trump is very intimidated by Justin Trudeau because he's a good looking, smart kid and President Trump is like this orange fat blob,' said Scaramucci in an interview with ABC Australia.

'The Mooch' claims Trump is a 'malignant narcissist' who 'needs the spotlight at all times,' and says Australia's PM should keep a low profile around him, like Trudeau, if he wants to be successful.

A coach carrying the travelling press pack drove into the jet's wing after the Prime Minister touched down in Victoria, British Columbia for the first rally of his tour on Wednesday night.

A photo has emerged showing Canada's Prime Minister Justin Trudeau wearing blackface to a party 18 years ago when he was a private school teacher. 

In the new photographs, Trudeau is dressed up as Jamaican singer Harry Belafonte to sing Day-O, a Jamaican song, at Jean Brebeuf High School at a talent show in the 1990s.

Justin Trudeau, the Prime Minister of Canada and arguably the most woke, virtue-signalling and PC-crazed leader in the history of Mankind turns out to have a rather cracked halo?

TOM LEONARD: Accused of racism and the most shameless hypocrisy, Justin Trudeau risks being turfed out of office after a first term plagued by scandals and embarrassment.

Justin Trudeau was dragged on social media by both conservative and liberal pundits after three different instances surfaced of him donning blackface as recently as 2001.

Trudeau spoke at a press conference in Winnipeg on Thursday to apologize for the three incidents and ask for his constituents' forgiveness, saying he had let voters down and was embarrassed.

At a town hall meeting in Saskatoon on Thursday night, Trudeau faced tough questions about the imbroglio despite the crowd being stocked with supporters from his ruling Liberal Party.

Donald Trump said he was 'surprised' at the number of times Justin Trudeau has donned blackface but admitted he hoped he would not get asked about the Canadian prime minister.

Roger Husband spoke to Global News to defend Trudeau's costume but say it 'stood out' against those of the students he was teaching at West Point Grey Academy.

Obama's encouraging words were issued in a tweet on Wednesday ahead of Canada's federal election next week, in which Liberal Trudeau is widely tipped to be defeated by Conservatives

Donald Trump used a NATO meeting Tuesday with Canadian Prime Minister Justin Trudeau to push Speaker Nancy Pelosi to pass the USMCA trade deal.

Last night's glittering NATO reception at Buckingham Palace saw the Duchess of Cambridge, 37, chatting in animated fashion to Canadian Prime Minister Justin Trudeau.

A dispute between US President Donald Trump and Justin Trudeau continued Wednesday evening when Donald Trump Jr. weighed in on the two leaders' diplomatic spat.

JAN MOIR: Boris was in the thick of it, of course. Chortle, chortle. Mr Johnson, with his priapic hinterland and chaotic private life has little call to laugh at anyone.

President Trump was said to have made remarks about Justin Trudeau and Emmanuel Macron to more than a dozen United Nations ambassadors in a closed-doors meeting at the White House.

Canada's Prime Minister Justin Trudeau told the Sussex's they are 'always welcome here' on Twitter at Christmas.Trudeau and his wife Sophie were told about the couple's move late last year, insider says.

Canadian Prime Minister Justin Trudeau's wife Sophie Grégoire Trudeau has tested positive for coronavirus, a day after she reported feeling mild flu-like symptoms including a low fever.

Prime Minister Justin Trudeau outlined advice about people wearing masks during an address. Trudeau said they could protect people from 'breathing or speaking moistly' on others.

Canadian Prime Minister Justin Trudeau cast doubt on Iran 's claim that it accidentally shot down a Ukrainian jetliner on Wednesday.

Meghan Markle was called 'princess' because of her behavior on set, an industry videographer who worked closely with the future royal revealed exclusively to DailyMail.com.

Rubio said Obama's statement was 'pathetic' and called Trudeau's tribute 'shameful and embarrassing'. Cruz claimed Obama and Trudeau were 'slobbering adulation on tyrants'.

Claire Hart took to Facebook group Extreme Couponing and Bargain UK and shared a snap of Ann Summers' penis-shaped pasta. She joked: '3 for 2 Ann summer's if anyone gets stuck.'

STEPHEN GLOVER: The outgoing director general of the BBC, Tony Hall, wrote a piece in this newspaper last week in which he claimed the Corporation was eager to have a public debate.

Brisbane mother-of-three Violet, has been forced to provide for her family after her husband lost his job and was heartbroken to hear her rent would not be reduced.

Pat Savage, 73, has been waiting since October for a compensation payment of around £3,500. The retired construction health and safety manager bought a standard annuity with the Prudential when he retired.

We reported last week how Peter Burgess (pictured) had been unable to access his pension pot, while Pat Savage had been waiting for a compensation payment for nearly three months.