Page 25 - Crude Oil Price

UltraTech, Ramco, JK, India Cements crack up to 7%; what's worrying them?

On-going escalation of the Iran-Israel-US conflict tends to spike global crude oil prices, which in turn drive up petcoke and diesel prices, affecting cement manufacturers margins, say analysts.

Oil above $100 may trigger 10% Nifty correction, drag P/E to 18x: ICICI Sec

Brent crude oil has topped the $100-mark which may trigger a 10 per cent fall in Nifty, warns ICICI Securities. Rising oil prices could widen India's trade deficit and push inflation higher

G7 nations to consider emergency oil release amid global price surge

G7 nations are set to discuss a coordinated oil release from strategic reserves via the International Energy Agency as the West Asia conflict pushes crude prices higher and raises supply concerns

Sensex stocks: HDFC Bank, TCS, Asian Paints, IndiGo, Trent hit 52-week lows

Ambuja Cements, DLF, Dixon, Gail, Indian Hotels, Shree Cement, REC, Tata Motors PV, Wipro, Suzlon, Coforge, and Info Edge, among the BSE 100 index, also hit their respective 52-week lows amid Iran war

₹13 trn wiped out from D-St as Sensex, Nifty fall 3% amid West Asia crisis

On March 9, the combined market cap of all BSE-listed companies had fallen by ₹12.78 trillion, sliding to ₹436.89 trillion from the previous session's close of ₹449.68 trillion

Crude oil enters strong phase; may weigh on Nifty outlook: SAMCO Securities

The war has significantly disrupted energy markets and heightened concerns about supply flows through the Strait of Hormuz, one of the world's most critical oil shipping routes

US offers $20 bn reinsurance plan to revive shipping in Strait of Hormuz

The strait carries about a fifth of global oil flows, as well as gas, fertilizer and other products

India taps alternative crude oil supplies as West Asia conflict drags on

Indian refiners have begun negotiating for additional crude cargoes from the US, Russia and West Africa to ensure supplies remain adequate in the event of the Middle East conflict drags on for a longer period, industry officials and analysts said. Refineries, which convert crude oil into fuels like petrol and diesel, have deferred planned maintenance shutdowns and are maintaining normal processing rates to create buffers that could meet the country's requirement in the near term, they said. India imports about 88 per cent of its crude oil requirement, with roughly half of those supplies in February passing through the Strait of Hormuz, the narrow sea lane between Iran and Oman that serves as a key energy transit route for global markets. The recent military strikes by the United States and Israel on Iran, and Tehran's retaliatory attacks on US bases in neighbouring countries as well as Israel, have sharply escalated tensions in the region, leading to a near halt in tanker movements

Oil nears tipping point as Hormuz traffic halts; traders warn of $100 crude

Some barrels from US are fetching their biggest premium since 2020, and value of major Norwegian grade, which moves almost lockstep with Brent, has gained more than $5 on the benchmark this week

ADB flags India's oil vulnerability amid rising West Asia tensions

ADB says India's crude oil reserves of about 100 million barrels-enough for 40-45 days-leave the country exposed to potential supply disruptions through the Strait of Hormuz

Markets react strongly to geopolitics but eventually move on: Jim Rogers

Oil prices, Rogers said, could definitely cross $100 a barrel again, especially if the geopolitical developments continue.

West Asia war: Is it the biggest risk ever to crude oil supply?

A supply disruption even at the mid-range of volumes at risk-7 to 8 million b/d of crude and products-would be higher than the volume that was initially at risk when Russia invaded Ukraine

Hormuz crisis may push Brent toward $100 amid US-Iran conflict: Analyst

The "war premium" has pushed Brent crude toward the $100 per barrel threshold, reigniting stagflation ary fears that central banks thought they had conquered

Iran-Israel conflict: UBS on where to invest in stocks, gold, silver, oil

UBS sees further upside for broad commodities in 2026, driven by primarily by metals, their analysts said in a recent note.

Oil prices keep climbing as expanding conflict heightens supply risks

US West ‌Texas Intermediate crude gained $5.31, or 7.5 per cent , to $76.54 after hitting its highest since June at $77.53

Rupee records steepest decline in over 5 weeks amid geo-political tensions

The rupee saw its sharpest fall in over five weeks as crude oil prices surged on rising West Asia tensions; RBI interventions helped prevent the currency from breaching the 91.5-per-dollar level

FMCG companies worried about price pressure amid West Asia conflict

FMCG firms exporting to West Asia are monitoring the Iran conflict as rising crude prices and supply chain risks threaten higher packaging and freight costs, with exporters bracing for volatility

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