Brent crude futures climbed 52 cents, or 0.54%, to $96.80 a barrel by 2354 GMT while US West Texas Intermediate crude was at $92.14 a barrel, up 66 cents, or 0.72%
Developments in the West Asia conflict, crude oil prices, and US inflation data would be the major drivers for the stock market next week, according to analysts. Besides, trading activities of foreign investors and global market trends will also influence domestic equities. "This week is expected to remain highly sensitive to global monetary policy, crude oil prices and geopolitical developments. Investors will closely monitor the impact of the stronger-than-expected US employment data on expectations regarding the Federal Reserve's September policy decision," Ajit Mishra SVP, Research, Religare Broking Ltd, said. On the domestic front, investors will continue to monitor foreign institutional flows, the rupee, crude oil prices and domestic liquidity, he added. "Developments around the Strait of Hormuz will also remain a critical monitorable given their implications for India's inflation, external balance and corporate profitability," Mishra noted. Brent crude gained more than 8 p
Mirae Asset Sharekhan believes that the crude oil market balance is likely to remain in deficit through 2026.
Brent crude fell 0.45% to $95.20 a barrel while WTI slipped 0.26% to $90.77 as investors weighed the risk of renewed US-Iran strikes disrupting West Asian supplies
Brent crude futures rose 87 cents, or 0.92%, to $95.52 a barrel by 0008 GMT, while US West Texas Intermediate crude futures climbed 80 cents, or 0.89%, to $91.02
WTI Crude Oil prices surged more than 3 per cent after the US forces struck Iranian rocket launchers near the Strait of Hormuz.
Russian crude oil supplies to India, which set records in June and July at nearly 55 per cent of the country's total imports and bailed out Indian refiners, are under threat while West Asian supplies
US refineries are running near maximum capacity at 97.4 per cent, supported by strong export demand.
At the bourses, meanwhile, investors sought refuge in realty, pharma and the metal pack. Their respective indexes on the NSE gained up to 17 per cent thus far, ACE Equity data shows.
Brent crude futures were down 25 cents, or 0.3%, to $89.45 a barrel while West Texas Intermediate crude futures fell 22 cents, also 0.3%, to $83.31
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