Brent futures fell 45 cents, or 0.63 per cent, to $70.59 a barrel at 0953 GMT. US West Texas Intermediate (WTI) crude declined 74 cents, or 1.08 per cent, to $67.52 a barrel
Stock Markets Today: As of 6:31 AM, GIFT Nifty Futures were down 54 points at 22,137, hinting at a negative start.
Brent futures fell $1.61, or 2.25 per cent, to $73.17 a barrel by 10:34 a.m. EST (1534 GMT), while U.S. West Texas Intermediate (WTI) crude fell $1.60, or 2.3 per cent, to $69.10
US President Donald Trump, on Monday, confirmed that tariffs on imports from Canada and Mexico will proceed as planned once the monthlong delay ends next week
Brent futures were up 13 cents, or 0.2 per cent, at $74.56 barrel by 1103 GMT while US West Texas Intermediate crude futures added 11 cents, or 0.2 per cent, to $70.51
At 7:06 AM, GIFT Nifty Futures were trading 139 points lower at 22,684, hinting at a gap-down start for the bourses
Brent futures were down 15 cents at $75.89 a barrel by 0916 GMT. US West Texas Intermediate crude dropped 34 cents to $71.91
US West Texas Intermediate crude futures for March rose 75 cents, or 1 per cent, to $72.60, up 2.6 per cent from the previous close before Monday's US public holiday
Brent crude futures ticked up 5 cents, or 0.07 per cent to $74.79 a barrel at 1003 GMT, while US West Texas Intermediate crude was up 8 cents, or 0.11 per cent at $70.82 a barrel
For the week, Brent was set to gain about 0.5 per cent and WTI was up about 0.01 per cent
Brent futures were down 77 cents or 1 per cent at $76.23 a barrel by 1230 GMT, while US West Texas Intermediate (WTI) crude dropped 88 cents or 1.20 per cent to $72.44 a barrel
Union Oil Minister Hardeep Singh Puri made the statement during a panel session on the inaugural day of the four-day India Energy Week 2025
The Reserve Bank of India may cut the benchmark repo rate by 25 basis points to 6.25 per cent later in the day
Trump on Thursday repeated a pledge to boost US oil production in order to lower commodity prices, saying the country will produce more oil than anyone has ever seen before
In the previous session, Sensex dropped 312.53 points, or 0.40 per cent, to close at 78,271.28, while Nifty50 ended lower by 42.95 points, or 0.18 per cent, at 23,696.30
Oil price today: Crude oil prices clocked the biggest intraday rally in four months on Monday, driven on the news of 10 per cent tariffs imposed by Whitehouse on Canadian crude oil and products
Gasoline pump prices in the US are certainly expected to rise with the loss of crude for refineries and the loss of imported products, said Mukesh Sahdev at Rystad Energy
Trump will include a process for Canada and Mexico to seek specific exemptions for certain imports, adding that new tariffs would become effective on March 1
Russian shipments averaged 1.67 million barrels per day in January compared to 1.48 million bpd in December and 1.53 million bpd a year earlier
Supply concerns eased after Libya's National Oil Corp said on Tuesday export activity was running normally after it held talks with protesters demanding a halt of loadings at one its main oil ports