Global crude oil prices today, September 9, 2024
Brent crude rose 67 cents, or 0.94%, to $71.73 a barrel by 0901 GMT while West Texas Intermediate crude futures were up 68 cents, or 1%, at $68.35.
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India plans to have a third of its heavy duty long-haul trucking fleet fuelled by liquefied natural gas (LNG) instead of diesel in five to seven years to cut pollution, according to a draft policy from the federal oil ministry.
State-owned enterprise Oil India Limited (OIL), a Maharatna CPSE, has declared its support for sustainable energy practices by signing up for the Oil and Gas Decarbonisation Charter (OGDC).
petrochemical industry has left behind 116 years of dependence on catalysts and is nearing the culmination of its progress.
The 18th edition of the Iran Plast International Exhibition kicked off today at the permanent location of Tehran International Exhibitions.
Pakistan has found large deposits of natural gas and oil in its territorial waters after a three year survey, reported Times of India.
The head of the National Iranian Oil Company (NIOC) has emphasized the need to expedite the development of the South Azadegan oil field to boost output by late March 2025.
Will the establishment of Iran's gas export pipeline to Oman be implemented in late 2024 or early 2025? as stated by Omani Energy Minister Salim Al Aufi.
Iran ranked as the world’s third-largest holder of proven oil reserves after Venezuela and Saudi Arabia.
Liquefied natural gas (LNG) has become the most sought-after emergency energy source globally following Russia's invasion of Ukraine due to its quick availability and location-specific transport.
The global price of crude oil today, September 6, 2024
Brent futures were down 1 cent to settle at $72.69 a barrel, while U.S. West Texas Intermediate (WTI) crude fell 5 cents, or 0.1%, to settle at $69.15.
India's envoy to Moscow, Vinay Kumar, announced that Russia remains India's largest partner in the energy sector, with plans to expand cooperation in the coming years.
OPEC Plus alliance members extend voluntary supply reduction of 2,200,000 barrels per day until November 2024, starting gradual supply increase plan from December 1st.
The global price of crude oil today, September 5, 2024
Brent crude rose 42 cents, or 0.6%, to $73.12 a barrel by 0810 GMT. U.S. West Texas Intermediate crude for October was up 37 cents, or 0.5%, at $69.57.
The Islamic Republic of Iran Customs Administration's chief says oil and mazut exports from the country generated some $19.5 billion in revenues in the first five months of the Iranian year.
OPEC Secretary General Haitham Al Ghais has acknowledged that Iran made significant progress in its oil industry in recent years despite crippling sanctions imposed on the country by the United States.
The global price of crude oil today, September 4, 2024
Brent crude futures fell 0.6% to $73.32 in November, while U.S. West Texas Intermediate crude futures fell 0.7% to $69.85 in October.
ONGC, India's largest oil and gas explorer, is considering an $8.3-billion refinery and petrochemicals project in the Indian state of Bihar to meet rising fuel demand.
Iran's petrochemical export value increased by 12.8% in the first five months of the current Iranian calendar year, according to the head of the Islamic Republic of Iran Customs Administration.
On the eve of the 64th anniversary of the founding of OPEC, the Secretary General of OPEC Haitham al-Ghais announced that the organization “has an instrumental role to play for decades to come on the path towards an inclusive energy transition for our global energy future.”