Page 17 - Crude Oil Price

Monday mayhem: Sensex, Nifty fall more than 1% each; key reasons

Investors lost around ₹6.87 trillion on Monday as BSE market capitalisation fell to ₹456.4 trillion from ₹463.25 trillion in the previous session

US futures, Asian shares open lower, oil prices soar amid Iran crisis

The US and Israeli attacks on Iran rattled world markets on Monday, with US futures initially falling more than 1 per cent and oil prices soaring, though both moderated as trading picked up. The futures for the S&P 500 and Dow Jones Industrial Average were down about 0.8 per cent by mid-morning in Bangkok. Asian shares opened lower. Japan's Nikkei 225 index initially fell more than 2 per cent, but by midday Tokyo time it was down 1.5 per cent at 57,981.54. In Hong Kong, the Hang Seng lost 1.6 per cent to 26,215.91, and the Shanghai Composite index was flat at 4,163.01. Taiwan's benchmark lost 0.6 per cent and Singapore's dropped 1.9 per cent. In Bangkok, the SET fell 2.1 per cent. Australia's S&P/ASX 200 shed 0.3 per cent to 9,173.50. Markets were closed in South Korea for a holiday. The price of gold, usually viewed as a safe haven for investment in times of uncertainty, rose 2.4 per cent to about USD 5,371 per ounce. Traders were betting the supply of oil from Iran and ...

West Asia oil output may need to stop if Hormuz closed for 25 days

Around 19 million barrels a day of liquid fuel exports, including 16 million barrels a day of crude, transit the strait

Prolonged conflict in West Asia could push the Nifty below 24,500: Analysts

On the upside, the 25,350-25,500 band now acts as a key resistance area for the Nifty, according to Ponmudi R, CEO of Enrich Money, a SEBI-registered online trading and wealth tech firm

Iran-Israel-US war: Nifty may test 24,500, cautions Emkay; where to hide?

Iran-Israel-US tensions may trigger Nifty correction to 24,500, says Emkay. Sectors at risk, safe bets, oil shock impact and investor strategy explained

Crude oil's epic fury: 300% jump! It's happened before; tracing the history

During the October 1973 Yom Kippur War, Arab OPEC members, led by Saudi Arabia, implemented an oil embargo against the US and other nations that supported Israel that led to oil rising 300 per cent.

Oil can flare 57% to $110/bbl in worst-case on Iran-US tensions: Analysts

On the flip side, a deal between the US and Iran coupled with the excess global supply/capacity could see limit the upside after a volatile phase, analysts said.

₹4.7 trn eroded! Sensex sinks 961 pts; Nifty at 25,178: Reasons behind fall

The BSE benchmark fell around 659 points to hit a low of 81,589 against the previous close of 82,258.66. Likewise, the NSE Nifty index dropped 228 points to touch a low of 25,268

From $68 to $100: Analyst decodes how diplomatic talks may sway oil prices

In an extreme conflict scenario, Brent could feasibly spike above $100/bbl, as the market accounts for the loss of Iranian supply and the increased costs of rerouting global flows

Will Brent crude oil price stay above $70 in 2026? Analyst shares outlook

Crude oil trades near 7-month highs as US-Iran tensions sustain a $5-$6 risk premium. Analyst explains how Strait of Hormuz, Opec+ decisions, and current Brent oil prices shape oil market outlook

India rebalances crude slate as Saudi gains, Russian flows ease

India's crude import strategy is entering a phase of calibrated rebalancing rather than abrupt realignment, with Middle Eastern suppliers led by Saudi Arabia regaining market share even as Russian volumes remain significant but increasingly shaped by geopolitics and compliance constraints, according to shipping data and analysts. During February 1-18, India's total crude imports averaged 4.85 million barrels per day (bpd), down 8 per cent from January's 5.25 million bpd, as flows from Russia cooled following US sanctions on key Russian exporters and the European Union's 18th sanctions package coming into effect last month. Ship tracking data showed Russian shipments to India declining from 1.28 million bpd in December 2025 to 1.22 million bpd in January and further to around 1.09 million bpd in early February, down about 10 per cent month-on-month. "Russian crude imports into India are estimated at around 1.0-1.2 million bpd in February, easing toward roughly 800,000 bpd to 1 millio

What does Trump's warning to Iran, Strait of Hormuz risks mean for oil?

Oil prices are at six-month highs as US-Iran tensions escalate. Brent crude is near $72 on fears of supply disruption and risks around the Strait of Hormuz. Analysts see higher oil prices ahead

ONGC rallies 6% in 2 days, hits 52-week high; what's driving PSU stock?

In the past one month, ONGC has outperformed the market by surging 16 per cent, as against 0.87 per cent rise in the Nifty 50.

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

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

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

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

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

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

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.