Page 2 - Crude Oil Price

Rupee among Asia's most vulnerable currencies amid crude oil risks

Barclays and MUFG warn the rupee could face further pressure from elevated crude prices, widening deficits and prolonged conflict in West Asia

Crude oil prices remain risk to external sector outlook: RBI Bulletin

The financial conditions, crude oil prices, and capital flows continue to pose challenges to the external sector outlook amid the West Asia conflict, Reserve Bank Bulletin said on Friday. The global economy continued to be shadowed by uncertainties in West Asia, said an article on the state of the economy published in the May Bulletin. Domestic economic activity exhibited resilience in April, with industrial and services sectors maintaining strength across several segments, it said. In agriculture, summer sowing progressed well, supported by above normal pre-monsoon rainfall and comfortable reservoir levels, the article said, adding that CPI inflation rose to 3.5 per cent in April, driven mainly by food inflation, while core inflation remained steady. It noted that the conflict in West Asia continued to exert pressure on commodity markets, global trade flows and supply chains, contributing to the volatility in financial markets. "India has entered this phase from a position of ...

Best of BS Opinion: India-Nordic Summit marks wider shift in foreign policy

Today's opinion wrap examines the Bajaj group's legacy, India's Nordic outreach, oil trade vulnerabilities, the US Federal Reserve's independence and a book on Chapal Bhaduri

India's shrinking bond yield cushion: Why the US-India spread matters

India's 10-year bond yield premium over the US has narrowed to around 250 basis points, well below its decade average. But does that mean RBI will cut rates? Let's find out

Bond yields, oil shock rattle markets; can India withstand macro headwinds?

Despite the strong macro headwinds, the stock market has been reasonably stable, supported mainly by domestic investment. Since the market valuations are fair now, a sharp correction appears unlikely.

Best of BS Opinion: Govt must allow greater price adjustments

From rising oil pressures and coal gasification to urban housing reform and RBI policy, today's BS Opinion explores the economic and structural challenges shaping India's future

Govt prepares to send oil tankers through Strait of Hormuz for new supply

India wants to continue importing energy from its traditional West Asia oil producers because supplies from alternate sources would take a longer time to reach the country

Brent to average $90 if US-Iran pact resolves Hormuz disruption: Analyst

The probability of US-Iran negotiations entering a more substantive phase is rising-every additional week of disruption deepens financial market stress that the White House cannot indefinitely absorb

Oil prices slip after Trump says US will end Iran war 'very quickly'

Brent crude oil futures fell ​88 cents, or 0.8 per cent, to $110.40 a barrel by 0410 GMT, while US West Texas Intermediate futures were down 67 ‌cents, or 0.6 per cent, to $103.48

Best of BS Opinion: Centre, states face strong fiscal headwinds

From Bharti Airtel's succession planning and AI-driven cyber risks to the economic fallout of the West Asia conflict and India's investment needs - here are today's top opinion pieces

India's oil trade deficit set to balloon to new high in FY27: Crisil

Crisil expects India's oil trade deficit and current account deficit to widen sharply in FY27 as Brent crude prices rise amid the West Asia crisis

OMCs gain after fuel price hike; Nifty Oil & Gas index rises up to 0.6%

Petrol and diesel prices were raised by around 90 paise per litre on Tuesday, marking the second fuel price hike in less than a week

From medical tourism to casinos, Southeast Asia hit hard by oil shock

The aviation industry is among the hardest hit as more expensive tickets disrupt travel demand.

Sensex drops over 1,000 pts but still ends in green amid West Asia crisis

Benchmark indices recovered from sharp early losses as IT stocks rallied and foreign investors continued buying despite escalating tensions in West Asia

Rupee hits record low of 96.25 against US dollar amid oil price surge

At the interbank foreign exchange market, the rupee opened at 96.19, then fell further to 96.25 against the US dollar, registering a fall of 44 paise from its previous close

Bonds, barrels and bulls: Indian markets brace for emerging risks

To Indian investors, a sharply rising bond yield in the US may sound like an obscure statistic from a distant financial universe. In reality, it is the gravitational constant of global finance

Oil prices to remain elevated but volatile amid supply constraints: Analyst

In the near term, oil markets remain pulled between tightening supply fundamentals and expectations of an eventual geopolitical breakthrough

How to trade BPCL, IOC, HPCL post fuel price hike? Angel One answers

Rajesh Bhosale, technical analyst at Angel One highlights that BPCL and IOC have consistently faced resistance around their respective 50-day EMAs on the charts in recent past.

Indian OMCs source crude at competitive rates in March amid Iran war

March crude procurement costs for Indian OMCs remained steady year-on-year in dollar terms and rose only slightly from February, despite the West Asia conflict

Brent seen at $95-115; supply deficit to keep prices elevated: Analyst

The global oil market is increasingly reflecting second-order effects of the US-Iran conflict, now in its 73rd day, following Iran's effective closure of the Strait of Hormuz on February 28