World crude oil price today, June 9, 2025
Brent crude futures rose 4 cents to $66.51 a barrel by 9:40 GMT, while U.S. West Texas Intermediate crude fell 1 cent to $64.57.
TOP NEWS Feed Atom
Indian government has announced plans to deploy at least 1,000 hydrogen-powered trucks and buses by 2030.
From June 2 to 7, more than 801 million liters of gasoline were distributed and consumed across the country, bringing the average daily consumption during this period to over 133 million liters.
Iran has equipped 1,239 government offices with solar panels as part of a nationwide energy-saving initiative, an official from the state-run Power Generation, Distribution and Transmission Company (Tavanir) said.
Enhanced Oil Recovery (EOR) techniques have become indispensable in the global oil industry, particularly as conventional oil reserves dwindle and the energy demand continues to rise.
The CEO of the National Iranian South Oil Company (NISOC) announced plans to cut daily gas flaring by 200 million cubic feet this year.
The manager of Refinery 11 at the South Pars Gas Complex described the reduction in gas flaring as significant, stating that the volume of gas sent to flares has dropped from over 1 million cubic meters per day to less than 3,000 cubic meters.
Brent crude oil price today, June 6, 2025
Brent crude futures fell 11 cents, or 0.2 percent, to $65.23 a barrel. U.S. West Texas Intermediate crude fell 12 cents, or 0.2 percent, to $63.25.
TotalEnergies defended its strategy of labelling natural gas as a transition fuel in promotional material as part of its rebranding, in a landmark trial over the claim that the French oil and gas group had overstated its climate commitments and misled consumers.
BP Singapore has signed a long-term sales and purchase agreement with India's Torrent Power to supply up to 0.41 million mtpa of LNG from 2027-2036.
Iran's National Petrochemical Company has announced a $5 billion investment by petrochemical companies to collect and manage flare gas emissions, underlining the industry's crucial role in reducing emissions.
World crude oil price today, June 5, 2025
Brent crude futures rose 15 cents, or 0.2 percent, to $65.01 a barrel. U.S. West Texas Intermediate crude rose 11 cents, or 0.2 percent, to $62.96 a barrel.
India is considering increasing imports of American shale gas, liquefied natural gas, and crude oil to diversify its energy sources and leverage competitive US pricing.
The head of the Iran Chamber of Commerce, Industry, Mines and Agriculture and the German ambassador discussed expanding trade relations between the two countries.
The CEO of Pars Oil and Gas Company (POGC) announced a new record in executing 13,000 work orders during the major overhaul of the South Pars Phase 14 refinery.
The head of operations at the seventh refinery of South Pars announced the successful implementation of the flare gas recovery operation, stating that the project was completed with high quality, relying on domestic technical expertise and innovative measures. The installation of flare and utility line branches was fully executed.
World crude oil prices today, June 4, 2025
Brent crude futures fell 17 cents, or 0.3 percent, to $65.46 a barrel, while U.S. West Texas Intermediate crude fell 19 cents, or 0.3 percent, to $63.22 a barrel.
India's Russian crude oil imports reached a 10-month high of 1.96 million barrels per day in May, driven by continued availability at significant discounts compared to global benchmark prices.
TotalEnergies Azerbaijan has introduced an automated subsea pipeline cleaning system for the second phase of Absheron gas field development, aiming to significantly reduce operational costs and downtime.
World crude oil prices today, June 3, 2025
Brent crude rose 5 cents, or 0.1 percent, to $64.68 a barrel. U.S. West Texas Intermediate crude rose 16 cents, or 0.3 percent, to $62.68 a barrel.