Page 5 - Brent Crude Oil

Morgan Stanley cuts India FY27 GDP forecast by 30bps to 6.2%

If crude spikes to $150/bbl for a quarter, we see FY27 (GDP) growth at around 5.7 per cent, CPI inflation breaching 6 per cent and the CAD widening to around 3 per cent of GDP, Morgan Stanley said.

Every $10 rise in oil above $90/bbl may hit Nifty earnings by 3%: Bernstein

Beyond $90/bbl is when the decline steepens and things worsen as inflation starts eating into savings, impacting spend that gets especially bad for consumer sectors, Bernstein said in a recent note.

West Asia war: Trump urges Iran deal before 'it's too late'; Brent at $109

The West Asia conflict continues to escalate as the US and Iran exchange warnings and global oil prices surge, with Brent crude rising to $109 a barrel. Here are the top updates at 10 am (IST)

US crude jumps over 11%, Brent nearly 8% as Trump vows more attacks on Iran

US West Texas Intermediate ​crude futures rose $11.42, or 11.41 per cent, at $111.54 per barrel, settling at their biggest absolute price rise since 2020

Sensex tanks 1,500 pts, Nifty cracks 2%: Key reasons for market fall today

Indian stock markets crashed on April 2, 2026, with the Sensex falling over 1,500 points and Nifty dropping 2 per cent after US President Donald Trump's warning of intensified attacks on Iran

From certainty to ambiguity: How market analysts interpret Trump's statement

One of the most important factors that will determine market's trajectory in the weeks ahead, according to analysts, remains crude oil prices.

West Asia war: Trump vows to hit Iran; Tehran appeals to American citizens

Tensions remain high in West Asia as Donald Trump threatens stronger attacks on Iran if talks fail. Here are the top updates at 10 am (IST)

West Asia war updates: Iran moves to charge Hormuz transit; Brent at $111

Iran has approved a plan to impose tolls on ships passing through the Strait of Hormuz amid the ongoing West Asia war, raising concerns over global oil supply as Brent crude trades near $111 a barrel

Markets underpricing oil shock risk, crude can hit $150/bbl: Analysts

Retail fuel price hike is unavoidable with crude above $110/bbl, suggest analysts at Elara Capital. At $125 crude, even after the excise cut, the retail price needs to rise by Rs 8-14/liter, they add.

ONGC, Oil India up 2% in weak market; stocks rally up to 11% in 2 weeks

The Government of India has not announced any windfall tax on domestic crude realisations; this is a key positive for ONGC and Oil India, believe analysts.

Asian shares decline as oil prices surge, Iran war fears weigh on markets

The drops in Asia follow the deep declines on Wall Street last Friday that finished off a fifth straight losing week, its longest such streak in nearly four years

Oil may hit $200 per barrel if Iran war lasts till June, warns Macquarie

A conflict that stretches through the second quarter would result in historically high real prices, analysts said

ONGC gains 3% in weak market; outperforms thus far in CY2026

Thus far in the calendar year 2026, ONGC stock has outperformed the market by soaring 15 per cent, as against 12.8 per cent decline in the BSE Sensex.

Brent tactically bullish, structurally volatile in short-term, says analyst

Mohammed Imran, research analyst at Mirae Asset Sharekhan, maintains the Q2 2026 Brent target of $110/bbl and WTI at $100

Rupee gains on fall in crude and dollar index; bond yields harden

The rupee strengthened after three days of losses on easing crude and dollar index, while bond yields hardened on higher-than-expected SDL auction cut-offs

Traders bet $580 million on oil before Donald Trump's post on Iran talks

Traders reportedly placed $580 million in oil bets minutes before Donald Trump's post on Iran talks, triggering sharp moves in crude and stocks and raising questions over the timing of the trades

West Asia war updates: Iran warns Hormuz closure if hit; Brent above $112

Iran warned it may close the Strait of Hormuz if its power plants are attacked; oil prices stayed high, with Brent crude trading above $112 per barrel. Here are the top updates at 10 am:

How distorted West Asia crude pricing hurts India as war lifts import costs

System adds hundreds of millions of dollars to India's fuel import bill; ministry aware

West Asia war updates: Pentagon seeks $200 bn for Iran war; Brent tops $107

Iran launched missile strikes across the region as the US seeks $200 billion for the war; attacks on energy sites raised supply concerns, while India moved to secure fuel imports and evacuate citizens

BPCL, HPCL, IOC: OMC shares tank up to 6% after crude oil rises over 3%

Oil prices rose after Iran attacked several energy facilities across West Asia following a strike on ​its South Pars gas field, a major escalation in Tehran's war with the US and Israel