Brent crude futures settled at $94.79 a barrel, down $4.57, or 4.6 per cent. US West Texas Intermediate crude finished at $91.20, down $7.80, or 7.87 per cent
Jewellery retailers expect strong Akshaya Tritiya demand despite high gold prices, supported by festive sentiment, wedding season demand and growing interest in diamond jewellery
Iran, according to Nomura's estimates, has been the biggest beneficiary since the war broke out in terms oil revenues that rose 36 per cent y-o-y in March 2026 to $5.7 billion
Brent futures declined by $1.86, or 1.87 per cent, to $97.50, while US West Texas Intermediate (WTI) crude fell $2.25, or 2.27 per cent, to $96.83 by 0003 GMT
US West Texas Intermediate crude futures fell $1.30, or 1.3 per cent, to settle at $96.57 a barrel, with a weekly decline of 13.4 per cent, its largest since April 2020
The company, a joint venture between Reliance Industries and BP, has adequate fuel supplies and has not imposed any limits on retails sale of gasoline or gasoil
Akshaya Tritiya, the second-biggest gold-buying festival in India after Dhanteras when buying gold is considered auspicious, will be celebrated on April 19
Both benchmark prices fell below $100 per barrel in the previous trading session, with WTI recording its biggest decline since April 2020 on expectations the ceasefire ending the fight
On the Multi Commodity Exchange (MCX), crude oil futures for the April delivery slumped by ₹640, or 6 per cent, to ₹10,029 per barrel -- its lower circuit limit
