Page 8 - Crude Oil Price

Wealth opportunities exist across market spectrum: Baldev Prakash, SBICAP

Wealth creation opportunities exist across all the cohort of market and investors are recommended to adopt bottom-up stock specific approach, says Baldev Prakash, MD & CEO of SBICAP Securities.

Crude oil prices to hover around $70-75/bbl ; US-Iran peace deal in focus

The exit of UAE has certainly loosened the cartels grip over the pricing power and the Cartels kingpin Saudi Arabia, and the UAE, Kuwait, Iraq, and Qatar are fighting an open war to control the market

Oil prices climb to one-month high as US, Iran step up attacks in Hormuz

Oil prices climbed to a four-week high after the US reinstated its blockade of Iranian shipping and both sides intensified attacks around the Strait of Hormuz

Russian crude discounts, high freight stall India's return to West Asia oil

Record tanker freight rates, opaque Iranian supply channels and sharply higher discounts on Russian crude have kept Indian refiners reliant on Russia despite the revival of West Asian supplies

Crude oil spike weighs on OMC stocks; HPCL, IOCL shares fall over 2%

At last check, Brent crude was up 4.09 per cent at $79.12 a barrel, while US West Texas Intermediate (WTI) crude rose 4.10 per cent to $74.33 a barrel.

Oil prices jump 4%, Asian shares slip after US, Iran carry out airstrikes

The price of Brent crude, the international standard, gained 3.9 per cent to $78.96 per barrel, while US benchmark crude oil added 4 per cent to $74.26 per barrel

Oil falls, but heads for weekly gain as West Asia supply risks persist

Oil prices edged lower on Friday as inflation concerns weighed on demand, but crude remained on track for strong weekly gains amid renewed US-Iran strikes and uncertainty over the Strait of Hormuz

Best of BS Opinion: Nato, remote work and economic resilience

Today's opinions examine the Nato summit, women's cash transfer schemes, global market risks after the Iran conflict, remote work and Mary Beard's exploration of the classics.

Crude oil prices will be the key driver of equities for now: Nilesh Shah

The oil market, Shah of Kotak AMC said, is signalling that supplies could get constrained again, which may lead to another increase in prices. All this will impact how equity markets play out.

Renewed US-Iran conflict: What do fresh West Asia tensions mean for India?

The attacks on commercial vessels in the Strait of Hormuz brought maritime traffic to a standstill and reignited concerns over global oil supplies and trade

Rupee tumbles to one-month low; crude spike pushes bond yields higher

The rupee recorded its sharpest one-day fall in a month on rising crude oil prices and renewed West Asia tensions, while the benchmark 10-year government bond yield climbed

Crude Oil: The 'Risk Premium' was compressed, not extinguished

Recent pullback in crude oil prices from the channel support suggests short-covering, but the prevailing structure continues to reflect lower highs and lower lows, keeping the broader downtrend intact

DGCA May data, soaring oil prices drag InterGlobe Aviation shares 3%

The sentiment was further hit by a rise in crude oil prices after the US military launched airstrikes against Iran and reimposed crude sales sanctions

BPCL, HPCL, IOCL slip up to 4%; ONGC gains 2% as crude oil prices rise

Thus far in the calendar year 2026, the stock price of HPCL, BPCL and IOC plunged between 17 per cent and 22 per cent, as against a 8.9 per cent decline in BSE Sensex.

Oil prices jump 2% as US strikes on Iran revive supply disruption fears

Brent crude futures gained $1.38, or 1.9%, to $75.54 a barrel, and US West Texas Intermediate crude climbed to $71.81 a barrel, up $1.37, or 1.9% at 0128 GMT

Crude oil outlook: Price war, global market share in focus

The Middle East is now entering a different kind of conflict-one driven not by military confrontation, but by the battle for market share in global oil markets.

Economics of energy: India needs transparent pricing and a fiscal strategy

India's dependence on oil imports and its climate commitments require that petroleum consumption is replaced, to the extent possible, by electricity, preferably renewable

Oil prices up slightly ahead of long US weekend as peace efforts hold

Brent ​futures climbed 46 cents, or 0.64%, to $72.26 a barrel as of 0407 GMT. West ‌Texas Intermediate was up 32 cents, or 0.47%, to $69.01 a barrel

War-hit balance sheets: State-run OMCs' underrecoveries hit ₹2.19 trillion

High crude oil prices pushed state-run oil retailers into massive under-recoveries despite fuel price hikes, while LPG sales continued to remain loss-making, Petroleum Minister Hardeep Singh Puri said

Oil prices fall over 1% as US-Iran talks ease supply disruption fears

Brent futures lost 79 cents or 1.1% to $70.78 a barrel by 0642 GMT, while US West Texas Intermediate crude fell 84 cents or 1.2% to $67.74 a barrel