Page 4 - Crude Oil Price

Red Sea tensions could push Brent to new cycle high in April, says analyst

A broader escalation-including the potential closure of the Red Sea chokepoint by Yemen's Houthis-would likely push both Brent and WTI to new cycle highs

₹1.5 trn hit to exchequer as govt cuts petrol, diesel excise: Deven Choksey

Deven Choksey believes the excise cut may bring some respite to OMCs amid high energy prices, while create a ₹1.5 trillion dent to the exchequer per year.

Oil prices set for sharp weekly drop as Trump signals Iran talks progress

Brent futures fell 84 cents, or 0.8 per cent, to $107.17 per barrel as of 0353 GMT, while US West Texas Intermediate futures lost $1.02, or 1.1 per cent, to $93.46 per barrel

Poor sentiment is a good vintage for building a portfolio: Vikas Khemani

Selective IT services companies with strong digital portfolios, diversified clients, and disciplined cost structures could indeed present a contrarian opportunity, he said.

ONGC stock may zoom 65%, OMCs may not hike petrol, diesel prices soon: CLSA

Analysts have revised their forecasts for oil & gas prices for the remaining part of 2026 as developments in West Asia continue to unfold.

Nayara raises petrol by ₹5, diesel by ₹3 amid crude supply disruptions

Nayara Energy has raised petrol and diesel prices amid crude supply disruptions, becoming the first company to hike non-branded fuel rates in India

Oil prices climb as investors reassess West Asia ceasefire prospects

Brent futures rose $1.13, or 1.1 per cent, to $103.35 a barrel by 0051 ‌GMT, while US West Texas Intermediate crude futures were up $1.08, or 1.2 per cent, at $91.40 a barrel

West Asia conflict: Markets rebound further as easing crude lifts sentiment

Indian equities advance for a second session as oil prices soften, but geopolitical uncertainty and supply disruptions continue to limit upside

Optimism for Gulf oil is premature: India must boost domestic output now

Weaponising trade chokepoints has fragmented global markets like crude oil, leading to sharp regional price variations

Bulls charge! Sensex, Nifty zoom nearly 4% in 2 days; investors gain ₹17trn

In the past two trading sessions, the Sensex has surged more than 2,500 points, or nearly 3.5 per cent on a closing basis. Similarly, the Nifty 50 index has added nearly 800 points, or 3.5 per cent

Telangana govt, dealers dismiss fuel shortage rumours amid panic buying

The Telangana government on Wednesday debunked claims of a fuel shortage and advised the public to ignore the rumours that have triggered panic buying across the state. As motorists began rushing to fuel stations in Hyderabad amid rumours of shortage since Tuesday evening, the Telangana Petroleum Dealers Association reassured the public that there is adequate stock available with HPCL, IOCL and BPCL, and the supply chains are functioning normally. To address the situation, Telangana Chief Minister A Revanth Reddy will hold a review meeting here on Wednesday with officials on petrol, LPG cylinders and urea stocks, an official release said. After many fuel stations were overcrowded across Hyderabad, motorists were advised not to store fuel in large containers unnecessarily. "As many as 1,500 petrol, diesel tankers were dispatched to fuel stations on Tuesday alone. Around 20,000 kilo liters of petrol is available," Civil Supplies Department Commissioner M Stephen Raveendra said in a .

Brent tactically bullish, structurally volatile in short-term, says analyst

Mohammed Imran, research analyst at Mirae Asset Sharekhan, maintains the Q2 2026 Brent target of $110/bbl and WTI at $100

West Asia conflict: Crude oil price remains high as attacks continue

Crude prices stayed near $100 per barrel amid ongoing West Asia tensions, while India denied reports of paying Iran for tanker passage through the Strait of Hormuz

UBS Global downgrades India stocks to neutral on high oil sensitivity

Stock gauges in energy import-dependent markets such as India and Europe have dropped over 9 per cent since the Iran war started, more than double the decline in the US

Tech analyst backs these 3 stocks even as mining, sugar face cost pressure

Sachin Gupta, research analyst at Choice Broking recommends accumulating Hindustan Zinc, Coal India and EID Parry on dips for a potential upside bounce as per technical charts.

Paint stocks: Asian Paints, Indigo Paints, Berger, Shalimar gain up to 5%

However, in the calendar year 2026 so far, paint stocks have underperformed the market, falling up to 38 per cent due to poor operational performance and rising crude oil prices.

Sensex zooms 1,500 points on ceasefire hope: Should you sell the rally?

Analysts believe a lot now depends on what Trump does after the 5-day ceasefire and how crude oil prices, bond yields play out.

Nifty50 valuations ease amid oil surge, geopolitical jitters: JM Financial

Despite global headwinds, consumption trends held up, banking and household financial activity remained steady

Bond yields trim losses after Donald Trump's signal on Iran pause

Rupee hits fresh low, nears $94 a $

Oil plunges after Trump postpones strikes on Iranian power plants

Prices gradually pared some losses after the steep initial slide after Iran's Tasnim news agency reported that no talks were under way between the US and Iran