Page 16 - Crude Oil Price
Oil prices rise to 6-month high as Trump puts time limit on Iran stand-off
The major oil producer lies opposite the oil-rich Arabian Peninsula across the Strait of Hormuz, through which about 20 per cent of global oil supply passes
 "Oil prices rise to 6-month high as Trump puts time limit on Iran stand-off")
WTI may hit $57 on US-Iran deal; escalation to spark 15% rally: Analyst
The US has strengthened its military presence across the Middle East to increase pressure on Iran, while Iran continues to assert its stance on retaining the right to pursue nuclear capabilities
 "WTI may hit $57 on US-Iran deal; escalation to spark 15% rally: Analyst")
Crude falls 2% as progress in US-Iran talks raises market optimism
The talks took place amid a US military buildup in the Middle East. Iran's supreme leader said on Tuesday that any US attempt to depose his government would fail
 "Crude falls 2% as progress in US-Iran talks raises market optimism")
Asian markets make cautious start, oil rises ahead of US-Iran talks
Mainland Chinese, Hong Kong, Singapore, Taiwan and South Korea markets were closed on Tuesday for Lunar New Year holidays. US markets were shut on Monday for Presidents' Day
 "Asian markets make cautious start, oil rises ahead of US-Iran talks")
Reliance Industries likely to get licence from US for Venezuelan oil
A general licence authorises the purchase, exportation, and sale of Venezuelan-origin oil that has already been extracted, including the refining of such oil
 "Reliance Industries likely to get licence from US for Venezuelan oil")
Crude oil climbs over 1% as US-Iran risks offset surplus concerns
Brent crude oil futures were up 98 cents, or 1.4 per cent , at $69.78 a barrel by 0949 GMT. US West Texas Intermediate crude rose 95 cents, or nearly 1.5 per cent , to $64.91
 "Crude oil climbs over 1% as US-Iran risks offset surplus concerns")
Opec+ supply pause, geopolitical risks tighten outlook for crude: Analyst
Mirae Asset Sharekhan maintains a constructive short- to medium-term outlook for crude oil, supported by elevated geopolitical risks and Opec+'s decision to hold production at December levels.
 "Opec+ supply pause, geopolitical risks tighten outlook for crude: Analyst")
Crude Oil Dynamics '26: Risk premiums, trade realignments, demand explained
Analysts at Mirae Asset Sharekhan expects WTI Crude oil futures to trade within a broader $59-$66 per barrel range in the coming weeks.
 "Crude Oil Dynamics '26: Risk premiums, trade realignments, demand explained")
Oil & Gas index jumps 2%, nears 52-week high; Oil India, ONGC soar up to 7%
At 11:21 AM on Wednesday; the BSE Oil & Gas index was the top gainer among sectoral indices, up 2.4 per cent, as compared to 0.16 per cent decline in the BSE Sensex.
 "Oil & Gas index jumps 2%, nears 52-week high; Oil India, ONGC soar up to 7%")
Asia stocks unsteady, oil jumps on Gulf tensions, gold makes a comeback
Oil prices climbed after the US shot down an Iranian drone and armed boats approached a US-flagged vessel in a key waterway, while precious metals found a firmer footing after a recent rout
 "Asia stocks unsteady, oil jumps on Gulf tensions, gold makes a comeback")
Oil prices fall 5% as Trump signals de-escalation in US-Iran tensions
Oil dropped sharply from the previous sessions, when Brent touched a six-month high and WTI was hovering near its highest since late September on mounting tensions between the United States and Iran
 "Oil prices fall 5% as Trump signals de-escalation in US-Iran tensions")
Oil prices expected to end around $52-$54/barrel this year, says analyst
The recent surge in oil prices to a 4.25-month high, with Brent briefly touching $70.50, is largely driven by a shift in US policy
 "Oil prices expected to end around $52-$54/barrel this year, says analyst")
Oil India surges 16% in 2 days, ONGC at 15-month high; here's why
ONGC in an exchange filing said that the rise in the company's share price was attributable to the increase in the world crude oil prices.
 "Oil India surges 16% in 2 days, ONGC at 15-month high; here's why")
Crude oil outlook: WTI to slowly retreat toward $57-$58/b, believes analyst
Crude oil outlook: Geopolitical tensions have driven crude oil prices to a three-month high, with WTI trading just under $63 and Brent approaching the $67 resistance level
 "Crude oil outlook: WTI to slowly retreat toward $57-$58/b, believes analyst")
Analyst holds bearish long-term outlook for crude oil; WTI to slide to $52
While Brent should retain a geopolitical risk premium, it is similarly forecasted to retreat toward $56-$57/b as supply growth from non-OPEC+ producers outweighs softening demand
 "Analyst holds bearish long-term outlook for crude oil; WTI to slide to $52")
Analyst remains bearish on crude oil; WTI to slide to $52, Brent $56-57
Crude oil prices are holding firm this week as tensions between Iran and the US temporarily ease after Donald Trump indicated he does not intend to launch military action.
 "Analyst remains bearish on crude oil; WTI to slide to $52, Brent $56-57")
India's oil bill plunges 8.5% in December amid falling crude prices
The country benefited from lower crude oil prices, driven by an oversupplied global market and subdued demand conditions
Oil steadies as investors assess US tariff threats over Greenland
Fears of renewed trade war escalated after Trump said he would impose additional 10% levies from February 1 on goods imported from European nations if no deal on Greenland was reached
 "Oil steadies as investors assess US tariff threats over Greenland")
Crude oil price outlook: Brent crude to average $56 in 2026, WTI near $49
Global inventories are expected to build by an average of 2.8 mbpd through the first half of the year, marking the largest surplus in recent memory
US oil prices drop over $1 as Trump's comments reduce Iran supply fears
Trump said that he had been told that killings in Iran's crackdown on nationwide protests were subsiding and he believed there was currently no plan for large-scale executions