Rabobank expects Brent to remain volatile in the months ahead, with $70-$75/bbl acting as the lower-end support zone and $95-$100 forming the upper end of the range.
Brent crude futures were down 60 cents, or 0.7 per cent, to $87.24 a barrel by 0004 GMT, down for a fourth day
Brent crude futures fell $1.78, or 2.0%, to $86.80 a barrel by 0027 GMT, while US West Texas Intermediate crude futures were down $1.49, or 1.8%, at $80.87
The main source of uncertainty remains the US-Iran standoff and the continuing disruption around the Strait of Hormuz.
Brent crude futures were down 9 cents, or 0.1%, at $92.16 by 0104 GMT, while US West Texas Intermediate crude was up 1 cent at $85.02 a barrel
Brent crude futures fell $1.22, or 1.29%, to $93.17 by 0035 GMT, while US West Texas Intermediate crude was at $85.86 a barrel, down $1.20, or 1.38%
Brent crude futures settled up $2.16, or 2.4%, at $93.78 a barrel, the highest since July 24
HDFC Bank, ITC, HUL shares decline over 1 %
Brent crude futures climbed 26 cents, or 0.29%, to $91.28 by 0004 GMT, while US West Texas Intermediate crude futures were up 37 cents to $85.31 a barrel
Brent crude futures climbed 27 cents, or 0.3%, to $91.14 by 0003 GMT, after rising to their highest since July 30 on Monday
Brent crude futures rose as much as 1% to $89.40 per barrel and were last trading up 72 cents at $89.20 by 0229 GMT
Mirae Asset Sharekhan said that in the absence of any resolution between the US and Iran, each passing week would see floor prices increasing for global oil prices.
Brent futures rose 1 cent, or 0.1%, to $87.08 a barrel by 0247 GMT, while US West Texas Intermediate (WTI) crude futures rose 6 cents to $81.31 a barrel
If negotiations continue to lose momentum, Brent could move towards $95-97 a barrel. However, any credible diplomatic breakthrough could quickly unwind part of the premium and trigger a sharp reversal
Brent futures gained 72 cents, or 0.81%, to $89.63 a barrel by 0053 GMT, while US West Texas Intermediate (WTI) crude climbed 71 cents, or 0.85%, to $83.91
MSCI's broadest index of Asia-Pacific shares outside Japan swung between losses and gains and was last up 0.2 per cent while South Korea's Kospi rose 0.3 per cent
Brent crude futures rose 91 cents or 1.09%, to $84.46 a barrel by 0056 GMT, while US West Texas Intermediate crude futures rose 61 cents, or 0.78% to $78.79 a barrel
Crude oil prices, geopolitical tensions in West Asia, and upcoming inflation data will dictate stock market direction this week, according to analysts. Moreover, developments surrounding the Strait of Hormuz, foreign investor trading activity, and domestic quarterly earnings will also remain key monitorables for the Indian stock market, experts added. "Domestically, investors will closely monitor the July CPI inflation print, WPI inflation, and the latest foreign exchange reserves data for fresh insights into inflation trends and external sector stability. The Q1 FY27 earnings season will gather further momentum, with several companies, including HAL, Bharat Forge, Grasim Industries, and Tata Motors, scheduled to announce their quarterly results," Ajit Mishra SVP, Research, Religare Broking Ltd, said. Globally, market participants will continue to monitor developments surrounding the Strait of Hormuz, movements in crude oil prices, and broader geopolitical negotiations involving ..
Brent crude futures rose 99 cents, or 1.2%, to $83.48 a barrel by 0010 GMT while US West Texas Intermediate futures rose 85 cents, or 1.1%, to $78.84
Cooling crude prices and over $40 billion in recent inflows have eased depreciation concerns, improving the Indian currency's attractiveness for carry trades