Page 7 - Crude Oil Price

ONGC okays $500 million guarantee for MRPL to import oil from Aramco

ONGC approved a $500 million guarantee for MRPL's crude imports from Aramco as India plans to source up to 25% of its 2027 LPG imports from the US

Oil prices plunge 1% as investors weigh pause in US strikes on Iran

Brent crude futures ​were down $0.54, or 0.6%, at $87.82 by 0046 GMT

Asian Paints Q1 preview: Price hikes may push revenue by 17% amid oil shock

Brokerages expect the paints sector to witness double-digit value growth, driven by sector-wide price hikes, channel stocking ahead of those hikes, and demand pick-up due to a delayed monsoon.

Red Sea, Hormuz risks may push Brent to $120: Mohammed Imran, Mirae Asset

For investors and corporates, the prudent strategy is to treat oil not as a one-directional price trade but as a geopolitical volatility asset

Brent hovers above $100 on Red Sea disruptions, Iran war concerns

Brent futures advanced 37 cents, or 0.37 per cent, to $101.06 a barrel at 0330 GMT, ‌having settled up 7 per cent above $100 in the previous session for the first time since May

Oil forecast: Kaynat Chainwala of Kotak Sec explains why Brent may hit $100

With three simultaneous chokepoints under stress and the Yanbu bypass route now threatened, a Brent move above $100 looks increasingly plausible

IndiGo Q1 Preview: Will fare hike help drive PAT amid fuel cost spike?

To mitigate the impact of higher aviation turbine fuel (ATF), IndiGo has raised airfares, but analysts believe it will not be enough to stem the Q1 profit fall.

Oil prices extend gains on supply disruption fears, Brent tops $92

Brent crude futures rose $1, or 1.1%, to $92.01 a barrel at 0330 GMT while US West ‌Texas Intermediate crude climbed 82 cents, or 1.0%, to $85.16

Q1 results preview: West Asia war may weigh on state-run OMCs' margins

Higher crude prices, a weaker rupee, elevated insurance costs and delayed fuel price hikes are expected to weigh on the June-quarter earnings of state-run oil marketing companies

Oil prices rise over 2% on fresh strikes by US & Iran, Houthi blockade fear

U.S. forces bombed targets in southern Iran overnight after President Donald Trump said that Tehran would pay dearly for the deaths of American soldiers. Iran, meanwhile, struck U.S. sites in Bahrain

Oil markets on edge as geopolitical risks tighten supplies: Mirae Asset

Brent is likely to remain supported while Hormuz traffic remains impaired, Red Sea threats persist, and Russian refining capacity faces recurring attacks

Brent could top $120 if Hormuz disruptions persist: Goldman Sachs

At present, Goldman sees Brent at $80 a barrel in the fourth quarter, and $75 next year, predicated on a de-escalation of tensions in the West Asia

India's crude oil import bill rose 48% to $14.7 billion in June

India's crude oil import bill climbed to $14.7 billion in June as elevated global crude prices amid supply disruptions outweighed a decline in import volumes

Brent surpasses $90 as US-Iran conflict fuels fresh oil price rally

Brent crude futures climbed $2.09, or 2.37%, to $90.19 ​by 0241 GMT, touching the highest since June 11, extending gains after rising 15.9% last ‌week, its biggest weekly gain since April

India FX traders eye oil prices, RBI defence; bonds bulls await index call

The rupee closed at 96.28 per dollar on Friday, down ​about 1% on the week, its steepest drop since May, the month in which the currency hit its all time-low of ‌96.96

Gold may hit $5k on easing geopolitical risks: Kaynat Chainwala, Kotak Sec

Gold's near-term direction depends on whether June CPI marks the start of a durable disinflation trend or a temporary pullback driven by energy base effects.

HPCL, BPCL, IOC: $10/bbl oil rise may cut Ebitda by ₹77000 cr, says Nomura

Nomura said that elevated crude oil prices are negative for OMCs' marketing margins and CGDs' input costs, while positive for upstream realisations in the near term.

Stocks to Watch today: Groww, Ather Energy, Delhivery, IT stocks & more

Stocks to watch today: Indian stock market was slated to open on a positive note. On stock-specific front, IT stocks will be in focus after IBM's weak outlook.

Oil prices rise as renewed US-Iran strikes fuel fears over energy supplies

For the second straight session, Brent ​closed at its highest since June 12 and West Texas Intermediate at its ‌highest since June 15 and rose further on early Wednesday trade

Rupee breaches 96/$; 10-year bond yield rises 6 bps on oil price surge

The rupee weakened beyond 96 per US dollar while the benchmark 10-year bond yield rose 6 basis points as higher crude oil prices and inflation concerns weighed on markets