Brent crude, the global oil benchmark, was marginally up but remained below $105 per barrel. It was up 0.10 per cent at $104.9, while West Texas Intermediate (WTI) crude rose 0.18 per cent to $96.63.
Brent crude futures rose 48 cents, or 0.5%, to $105.25 a barrel by 0104 GMT while US West Texas Intermediate crude was up 47 cents, or 0.5%, at $96.93 a barrel
According to its analysis, past FII flows help predict the next month's USD/INR movement, but past movements in the currency do not predict FII flows.
Brent crude futures fell $1.59, or 1.40%, to $111.84 a barrel by 0011 GMT while US West Texas Intermediate crude was at $102.56 a barrel, down $1.56, or 1.50%
Historically, US equities have performed strongly following midterm elections. The S&P 500 has gained an average of around 6 per cent over the subsequent 60 trading days, data shows.
Overall standoff would see broader range of Brent range of $105-120, a deal could unwind risk and Brent could moderate to, a $95-110 "crunch" remains the base case.
Brent crude futures rose 86 cents, or 0.75%, to $115.74 a barrel as of 0122 GMT while US West Texas Intermediate (WTI) crude futures rose 72 cents, or 0.71%, to $102.72
The finance ministry flagged elevated crude oil prices, food inflation and kharif crop uncertainty as key risks to price stability, while projecting 7.35% GDP growth in Q2FY27
At the BFSI Insight Summit 2026, foreign brokerage heads said stronger corporate earnings, lower crude oil prices and a renewed growth advantage are key to reviving FPI inflows
The key shift in October is that the oil price rally has changed character from reflecting genuine physical tightness to what could happen next, explains Kaynat Chainwala of Kotak Neo.
Brent crude futures rose $1.48, or 1.3%, to $115.36 a barrel as of 0140 GMT while US West Texas Intermediate crude rose $1.22 or 1.22% to $101.12
The White House has been leaning on regional channels to cool prices, ahead of the Mid-Term election on November 3, says Mohammed Imran of Mirae Asset Sharekhan.
Brent crude futures were down 66 cents, or 0.57%, at $115.15 a barrel as of 0000 GMT, while US West Texas Intermediate crude was down 44 cents, or 0.43%, at $101.32
Treasury heads at the BFSI Insight Summit warned that elevated crude prices, foreign capital outflows and high global yields could keep the rupee and bond markets under pressure
Elevated oil prices, AI-driven capital flows and weak foreign inflows pressure the rupee and bond yields, while smaller NBFCs face tighter funding, experts at the summit say
India's core sector output grew 7.9% in September, but crude oil, natural gas and fertilisers continued to lag, with all three recording negative Y-o-Y growth in the first half of FY27.
US crude futures were down $1.60, or 1.55%, at $101.67 per barrel by 0018 GMT while Brent crude futures were down $1.56 or 1.34% at $115.16
The oil price surge is putting pressure on fuel retailers and government finances, raising concerns over inflation and a widening fiscal deficit
Crude oil prices are heading into another volatile week, with escalating geopolitical tensions in West Asia keeping supply fears alive and the US Federal Reserve's monetary policy decision expected to dictate market direction, analysts said. With Brent crude already crossing USD 117 per barrel, investors will track developments around the Strait of Hormuz, threats to energy infrastructure, and weekly US inventory data for cues on the next move. The American Petroleum Institute and the US Energy Information Administration will release their weekly stock estimates, while Cushing crude inventories and the Federal Open Market Committee's October 27-28 meeting will be in focus, they added. "The near-term bias remains bullish but highly headline-driven; traders should avoid chasing sharp rallies and monitor geopolitical developments, Fed guidance and weekly inventory data for directional confirmation," said Ajit Mishra, SVP - Research at Religare Broking. Any disruption to energy ...
Brent crude futures was down 21 cents, or 0.2%, at $112.96 a barrel as of 0030 GMT, while US West Texas Intermediate crude was down 27 cents, or 0.3%, at $98.12