Page 6 - Crude Oil Price

Auto shares trades weak: M&M, TVS, Ashok Leyland down up to 4%; here's why

The Nifty Auto index has declined nearly 3% in the last two trading sessions amid a fresh spike in Brent oil prices owing to the US-Iran standoff.

Markets crash: Sensex down 823 pts intraday, Nifty at 24,135; key reasons

The Sensex touched a low of 77,693, down 823.43 points, or 1 per cent. Likewise, the Nifty 50 hit an intraday low of 24,134.8, down 243.3 points, or 1 per cent

Rupee slips to 93.80 vs dollar amid oil surge, Asian currency fall

The rupee weakened against the dollar, tracking Asian currencies and firm crude oil prices, amid geopolitical tensions and sustained foreign fund outflows

Riding out the West Asia storm: Testing India's economic resilience

Against this backdrop, the latest IMF's April 2026 World Economic Outlook still marks India out as an outlier of strength. India's FY27 growth forecast has been revised upward to 6.5 per cent

I've turned bullish on the markets after a long time: Andrew Holland

Andrew Holland, head - new asset class, Nippon India Asset Management in a Q&Q with Puneet Wadhwa says that the markets are assuming that the West Asia conflict won't be prolonged.

Oil prices rise on reports of ships being hit in Hormuz, Brent above $100

Brent crude futures were ​up $1.59, or 1.6 per cent, at $100.07 a barrel at 0842 GMT while West Texas Intermediate futures rose $1.51, ‌or 1.7 per cent, to $91.18

Crude outlook: Brent below $100, but risks persist as disruption lingers

The ceasefire has still not seen the normalcy resuming in the Strait, which raises concerns for demand destruction in the coming months as the scarcity has yet to fully materialise.

Sovereign wealth funds stay put amid West Asia crisis, shows data

FPIs were net equity sellers in March, first full month after the conflict began

The West Asia Challenge: Govt must revisit its macroeconomic assumptions

West Asia tensions threaten India's fiscal balance, growth outlook, and external stability, forcing a rethink of macroeconomic assumptions

Oil slips on hopes US-Iran talks likely to proceed, boosting supply

Brent futures ​declined 95 cents, or 1%, at $94.53, as of 0003 GMT while US West Texas Intermediate (WTI) crude futures ‌for May fell $1.54, or 1.72%, to $88.07

India's crude imports fall 13% as Hormuz disruption cuts West Asia supply

Imports from Russia nearly doubled from February to 2.25 million bpd in March while shipments from the West Asia slumped 61 per cent to 1.18 million bpd

Oil rebounds over 6% after renewed US-Iran standoff in Strait of Hormuz

Oil prices rose in early trading Sunday as a standoff between Iran and the US prevented tankers from using the Strait of Hormuz, the Persian Gulf waterway that is crucial to global energy supplies. The price of US crude oil increased 6.4 per cent to USD 87.88 per barrel after trading resumed on the Chicago Mercantile Exchange. The price of Brent crude, the international standard, climbed 6.5 per cent to USD 96.25 per barrel. The market reaction followed more than two days of growing hopes and dashed expectations involving the strait. Iran, which effectively controls the passage, said Friday that it would fully reopen the passage off its coast to commercial traffic. Crude prices plunged more than 9 per cent on the news. Tehran reversed its decision on Saturday, after President Donald Trump said a US Navy blockade of Iranian ports would remain in effect. Over the weekend, Iran's Revolutionary Guard fired on several vessels. Trump reported the forcible seizure of an Iranian-flagged car

Market euphoria vs geopolitical reality: The fragile peace in West Asia

Markets rally on hopes of peace and lower oil prices, but fragile ground realities in West Asia and Hormuz disruptions suggest optimism may be premature

Markets may see volatility on Monday as Hormuz tensions escalate again

Indian equities may open lower on Monday as renewed Strait of Hormuz tensions raise concerns over oil prices, global risk sentiment, and the outlook for geopolitical stability

Crude oil futures fall over 2% to ₹8,396/barrel as Trump signals Iran deal

Crude oil prices fell a little over 2 per cent to Rs 8,396 per barrel in futures trade on Friday amid signs of a potential US-Iran agreement and easing geopolitical tensions dampening fears of prolonged supply disruptions. Crude prices for May delivery decreased by Rs 180, or 2.1 per cent, to Rs 8,396 per barrel on the Multi Commodity Exchange. "Crude futures declined after US President Donald Trump expressed optimism over a potential agreement with Iran, easing concerns over prolonged supply disruptions," Kaveri More, Commodity - Technical Research at Choice Broking, said. Trump indicated that Tehran may accept terms, including abandoning nuclear ambitions, reopening the Strait of Hormuz, and offering "free oil," though there has been no official confirmation from Iran. In the international market, oil futures remained below USD 100 per barrel as investors turned hopeful about a near-term resolution to the conflict in West Asia. West Texas Intermediate (WTI) for the May contract

Brent stays elevated on physical supply stress; easing seen by May: Analyst

The impact of the war on energy infrastructure is considerably more severe than futures prices currently imply

Refiners likely used yuan through ICICI Bank for payment of Iranian oil

Last month, Washington unveiled ​30-day waivers on US sanctions for the purchase of Russian and Iranian oil at sea in ‌an attempt to ease prices that were driven up by the US-Israeli war on Iran

Asian stocks head towards weekly gain, oil below $100 on peace deal hopes

Brent crude futures dropped more than 1% to $98.14 a barrel while US West Texas Intermediate crude futures fell 1.6% to $93.15 a barrel

Oil prices fall as hopes for US-Iran deal outweigh supply concerns

Brent crude futures dropped 44 cents, or 0.5 per cent, to $94.49 a barrel at ‌0021 GMT. US West Texas Intermediate crude futures was down 70 cents, or 0.8 per cent, at $90.59 a barrel

FY26 exports grew despite tariffs, but impact of West Asia war looms

Goods shipments in March at 1-year high, imports dip