Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap settled 0.35 per cent and 0.56 per cent down, respectively
Crude is not trading under normal conditions. Until there is a durable resolution to the conflict, geopolitical risk will continue to dominate price discovery.
Brent futures increased by $3.15, or 3.8%, to $87.24 a barrel by 0520 GMT, while US West Texas Intermediate (WTI) crude rose $2.73, or 3.4%, to $81.99 a barrel
Near-term oil prices are likely to remain extremely volatile. Prices could react sharply to any suggestion that Washington and Tehran are moving toward peace, although we remain doubtful.
Brent crude futures were down $0.54, or 0.6%, at $87.82 by 0046 GMT
Benchmark indices gained around 1 per cent as easing geopolitical tensions pulled down crude prices, while the rupee emerged as the best-performing Asian currency
US futures surged early Monday and the price of a barrel of Brent crude, the international standard, dropped 6.8 per cent to $85.49
Brent futures advanced 37 cents, or 0.37 per cent, to $101.06 a barrel at 0330 GMT, having settled up 7 per cent above $100 in the previous session for the first time since May
Brent crude surged above $100 after Houthi attacks on Saudi tankers deepened Middle East supply disruptions, fuelling fears of a prolonged global oil shock
Sensex Today | Stock Market LIVE Updates Thursday: The GIFT Nifty indicated a gap-down open for the Nifty50 index. Most Asian markets advanced, tracking overnight gains on Wall Street
Brent crude climbed above $95 a barrel as US-Iran hostilities and Houthi threats to Red Sea shipping heightened fears of major oil supply disruptions
Brent crude futures rose $1, or 1.1%, to $92.01 a barrel at 0330 GMT while US West Texas Intermediate crude climbed 82 cents, or 1.0%, to $85.16
Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.3 per cent and 0.53 per cent higher, respectively.
At present, Goldman sees Brent at $80 a barrel in the fourth quarter, and $75 next year, predicated on a de-escalation of tensions in the West Asia
Oil prices edged higher, with Brent crude above $85 a barrel, as escalating US-Iran attacks raised concerns over disruptions to supplies through the Strait of Hormuz
Nomura said that elevated crude oil prices are negative for OMCs' marketing margins and CGDs' input costs, while positive for upstream realisations in the near term.
The exit of UAE has certainly loosened the cartels grip over the pricing power and the Cartels kingpin Saudi Arabia, and the UAE, Kuwait, Iraq, and Qatar are fighting an open war to control the market
Oil prices climbed to a four-week high after the US reinstated its blockade of Iranian shipping and both sides intensified attacks around the Strait of Hormuz
Oil prices climbed more than 3 per cent after fresh US-Iran military strikes renewed concerns over energy shipments through the Strait of Hormuz and regional supply risks
Brent crude futures rose 78 cents, or 1 per cent to $78.8 a barrel by 0054 GMT, while US West Texas Intermediate crude futures were up 74 cents, or 1.01 per cent, at $74.26 a barrel