Crude Oil Price

The Sensex touched a high of 76,335, up 919.5 points, or 1.20 per cent. Likewise, the Nifty 50 hit an intraday high of 23,989, up 270 points, or 1.12 per cent

Brent crude futures fell $5.85, or 5.7 per cent, to $97.69 ‌a barrel by 0343 GMT, while US West Texas Intermediate were at $90.85 a barrel, down $5.75, or 6 per cent

Asian shares mostly rose Monday and oil prices plunged after US President Donald Trump said talks on ending the war with Iran are progressing. Japan's benchmark Nikkei 225 surged 3.1 per cent in morning trading to 65,321.56. Australia's S&P/ASX 200 added 0.4 per cent to 8,692.70. The Shanghai Composite edged up 0.4 per cent to 4,127.53. Trading was closed in South Korea and Hong Kong for holidays marking Buddha's birthday. Trading will be closed in the US on Monday for Memorial Day. Trump said negotiations with Iran were "proceeding in an orderly and constructive manner." Meanwhile, regional officials told The Associated Press on Sunday that the United States is close to reaching a deal with Iran that would end the war, reopen the Strait of Hormuz and see Iran give up its stockpile of highly enriched uranium, Reopening the Strait of Hormuz will help decide the direction of oil prices. The closure has prevented oil tankers from exiting the Persian Gulf and delivering crude to ...

The domestic rate-setting panel cut the policy repo rate by a cumulative 125 basis points in 2025 and it was on hold in the February and April policies

Barclays and MUFG warn the rupee could face further pressure from elevated crude prices, widening deficits and prolonged conflict in West Asia

The financial conditions, crude oil prices, and capital flows continue to pose challenges to the external sector outlook amid the West Asia conflict, Reserve Bank Bulletin said on Friday. The global economy continued to be shadowed by uncertainties in West Asia, said an article on the state of the economy published in the May Bulletin. Domestic economic activity exhibited resilience in April, with industrial and services sectors maintaining strength across several segments, it said. In agriculture, summer sowing progressed well, supported by above normal pre-monsoon rainfall and comfortable reservoir levels, the article said, adding that CPI inflation rose to 3.5 per cent in April, driven mainly by food inflation, while core inflation remained steady. It noted that the conflict in West Asia continued to exert pressure on commodity markets, global trade flows and supply chains, contributing to the volatility in financial markets. "India has entered this phase from a position of ...

Today's opinion wrap examines the Bajaj group's legacy, India's Nordic outreach, oil trade vulnerabilities, the US Federal Reserve's independence and a book on Chapal Bhaduri

India's 10-year bond yield premium over the US has narrowed to around 250 basis points, well below its decade average. But does that mean RBI will cut rates? Let's find out

Despite the strong macro headwinds, the stock market has been reasonably stable, supported mainly by domestic investment. Since the market valuations are fair now, a sharp correction appears unlikely.

From rising oil pressures and coal gasification to urban housing reform and RBI policy, today's BS Opinion explores the economic and structural challenges shaping India's future

India wants to continue importing energy from its traditional West Asia oil producers because supplies from alternate sources would take a longer time to reach the country

The probability of US-Iran negotiations entering a more substantive phase is rising-every additional week of disruption deepens financial market stress that the White House cannot indefinitely absorb

Brent crude oil futures fell ​88 cents, or 0.8 per cent, to $110.40 a barrel by 0410 GMT, while US West Texas Intermediate futures were down 67 ‌cents, or 0.6 per cent, to $103.48

From Bharti Airtel's succession planning and AI-driven cyber risks to the economic fallout of the West Asia conflict and India's investment needs - here are today's top opinion pieces

Crisil expects India's oil trade deficit and current account deficit to widen sharply in FY27 as Brent crude prices rise amid the West Asia crisis

Petrol and diesel prices were raised by around 90 paise per litre on Tuesday, marking the second fuel price hike in less than a week

The aviation industry is among the hardest hit as more expensive tickets disrupt travel demand.

Benchmark indices recovered from sharp early losses as IT stocks rallied and foreign investors continued buying despite escalating tensions in West Asia

At the interbank foreign exchange market, the rupee opened at 96.19, then fell further to 96.25 against the US dollar, registering a fall of 44 paise from its previous close

To Indian investors, a sharply rising bond yield in the US may sound like an obscure statistic from a distant financial universe. In reality, it is the gravitational constant of global finance