Brent crude futures were up 30 cents, or 0.29 per cent, at $104.51 per barrel, while US West Texas Intermediate gained 31 cents, or 0.32 per cent, to $98.38 by 0002 GMT
ICICI Securities said that AI-led disruption in IT services and inflationary pressures from the West Asia war have emerged as key risks for India Inc during Q4FY26 results season
Emkay Global has cut ratings on OMC stocks as rising crude and windfall tax may hit margins. The brokerage sees up to 60% decline in FY27 earnings for HPCL, BPCL, IOCL
US President Donald Trump is reportedly open to ending the military campaign against Iran without reopening the Strait of Hormuz, prioritising strikes on Tehran's navy and missile stockpile
Qatar's state oil and gas company said the Ras Laffan Industrial City, an energy-industry hub, had suffered "extensive damage" after it was hit by Iranian missiles
Brent futures jumped $2.74, or 2.7 per cent, to $102.95 a barrel by 0357 GMT, while US West Texas Intermediate crude gained $2.45, or 2.6 per cent, to $95.95
The research and broking house sees up to 10 - 15 per cent risk to consensus earnings estimates for FY27F in case oil prices remain at elevated levels.
Crude oil above $110 could become a "breaking point" for India, forcing fuel price hikes and pressuring government finances, says Elara Capital. Notably, oil prices hit $106 per barrel on Monday
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Sensex crashes 791 pts and Nifty falls below 25,600 as Brent crude tops $70, India VIX jumps 7 per cent, and bank stocks drag markets. Here's why the stock market is falling today
Oil price today: Crude oil prices clocked the biggest intraday rally in four months on Monday, driven on the news of 10 per cent tariffs imposed by Whitehouse on Canadian crude oil and products