Oil Prices

Brent futures were little changed, down 1 cent at $95.41 a barrel at ‌0242 GMT while West Texas Intermediate (WTI) declined by 20 cents, or 0.25%, to $88.52 a barrel

Crude oil prices falling below $90 a barrel could ease inflationary pressures, narrow the current account deficit and provide relief to government finances in H2 FY27

Brent futures lost $1.14, ​or 1.2%, to $91.62 a barrel by 0141 GMT while US West Texas Intermediate (WTI) ‌crude futures fell $1.04, or 1.2%, to $85.49

Brent futures climbed 71 cents, or 0.78%, to $92.20 a ‌barrel by 0119 GMT while US West Texas Intermediate (WTI) crude rose 49 cents, or 0.57%, to $86.53

Brent was down 64 cents, or 0.64%, to $97.67 a ‌barrel by 1134 GMT while West Texas Intermediate (WTI) fell 35 cents, or 0.40%, to $90.51 a barrel

Brent futures fell 97 cents, or 1.03% at $93.65 a barrel as of 0211 GMT, while US ‌West Texas Intermediate crude futures were down $1.14, or 1.29%, to $86.98

Investors with a long-term horizon could deploy around 40-50 per cent of their intended allocation upfront, said Siddhartha Khemka.

Brent futures fell 26 cents, or 0.25%, ‌to $103.34 a barrel by 0157 GMT while US West Texas Intermediate crude futures fell 53 cents, or 0.55%, to $95.56

Brent crude futures rose 48 cents, or ‌0.5%, to $105.25 a barrel by 0104 GMT while US West Texas Intermediate crude was up 47 cents, or 0.5%, at $96.93 a barrel

Brent crude futures ‌fell $1.59, or 1.40%, to $111.84 a barrel by 0011 GMT while US West Texas Intermediate crude was at $102.56 a barrel, down $1.56, or 1.50%

Seven OPEC+ members are expected to hold December output targets steady as Gulf producers continue to face export disruptions from the US-Iran war.

Brent crude futures rose 86 cents, or ‌0.75%, to $115.74 a barrel as of 0122 GMT while US West Texas Intermediate (WTI) crude futures rose 72 cents, or 0.71%, to $102.72

Brent crude fell 1.1% to $114.10 a barrel and WTI dropped 1.3% to $101.45, paring Wednesday's gains as reports of renewed diplomatic efforts eased concerns over supply disruptions

The key shift in October is that the oil price rally has changed character from reflecting genuine physical tightness to what could happen next, explains Kaynat Chainwala of Kotak Neo.

Brent crude futures rose $1.48, or 1.3%, to $115.36 a barrel as of 0140 GMT while US West Texas Intermediate crude rose $1.22 or 1.22% to $101.12

The White House has been leaning on regional channels to cool prices, ahead of the Mid-Term election on November 3, says Mohammed Imran of Mirae Asset Sharekhan.

Brent crude futures were down 66 cents, or 0.57%, at $115.15 a barrel as of 0000 GMT, while US West Texas Intermediate crude was down 44 cents, or 0.43%, at $101.32

US crude futures were down $1.60, or 1.55%, at $101.67 per barrel by 0018 GMT while Brent crude futures were down $1.56 or 1.34% at $115.16

Brent crude ‌futures was down 21 cents, or 0.2%, at $112.96 a barrel as of 0030 GMT, while US West Texas Intermediate crude was down 27 cents, or 0.3%, at $98.12

Brent crude rose 1.2% to $110.11 a barrel and US WTI gained 1% to $98.12 after Houthi attacks in Saudi Arabia killed three people and prompted Washington to order some diplomats' families to leave