October 2021

Since India's per-capita energy consumption is about one-third the global average, demand is expected to rise exponentially, creating the need to push both refining expansion as well as clean energy initiatives,

Global energy-related carbon dioxide (CO2) emissions will increase for countries both inside and outside of the Organization for Economic Cooperation and Development (OECD) over the next 30 years under current laws and regulations.

Renewable energy employment worldwide reached 12 million last year, up from 11.5 million in 2019

Tepid production and strong global LNG export demand have helped to push NYMEX gas futures prices for the coming months beyond $5/MMBtu.

Among the reasons given by respondents in favour of nuclear energy were the energy independence of France (53%, up from 46% in 2019) and the low cost of electricity (30%).

U.S. commercial crude oil inventories decreased by 0.4 million barrels from the previous week to 426.5 million barrels.

Brent rose as high as $86.10 and was down 92 cents, or 1.1%, to $84.90. WTI fell 74 cents, or 0.9%, to $82.68.

India, the world's third-biggest importer and consumer of crude, meets around 85% of its demand via overseas purchases with Iraq, Saudi Arabia and the United States being the top three suppliers. India also imports 55% of its gas demand via imports.

Non-OECD countries in Asia will collectively become the largest importers of natural gas by 2050.

China's pipeline gas imports have been setting new records in the past three months, and September was the fourth consecutive month-on-month increase since June, the customs data showed.