Page 9 - Crude Oil Price

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

Brent crude oil bias may remain bearish-to-neutral in H2CY2026

Mohammed Imran, research Analyst at Mirae Asset Sharekhan has a bearish-to-neutral view on Brent through H2CY2026, with a base-case range of $68-72/bbl.

Indian markets are not fragile; tepid Q1 earnings priced in: Radhika Gupta

Markets are either portrayed as unstoppable or extremely fragile, whereas the truth generally lies somewhere in between, says Radhika Gupta of Edelweiss Mutual Fund.

​BofA Securities sees Brent crude oil averaging at $72 a barrel in H2CY26

For India, BofA Securities has raised the 2026 GDP (gross domestic product) forecast to 7 per cent from the 6.2 per cent forecasted in April. For 2027, it now pegs the GDP growth at 7 per cent.

Economy resilient, but monsoon and geopolitical risks persist: FinMin

India's inflation likely to remain contained in coming months, says FinMin

Oil prices rise as renewed US-Iran strikes disrupt shipping in Hormuz

Brent crude fell 10.6% last week, its third weekly decline, after crude shipments through the strait rose last week to their highest level since the US-Israeli conflict with Iran began in February

Oil prices fall over 3% as more tankers move through Strait of Hormuz

Brent crude futures settled at $71.99 a barrel, ​down $3.27, or 4.34%. US West Texas Intermediate finished at $69.23 a barrel, down $2.69 or 3.74%

Middlemen offer discounted Iranian oil to Indian refiners after US waiver

National Iranian Oil Company and traders have approached Indian refiners with discounted crude following Washington's temporary sanctions waiver, though payment mechanisms remain unclear

Oil edges lower as Hormuz shipments resume despite ship attack near Oman

Brent crude ‌futures fell 19 cents, or 0.25%, to $75.07 a barrel as of 0055 GMT, while US West Texas Intermediate fell 13 cents, or 0.18%, to $71.79 a barrel

Sensex rebounds, up 1,000pts intra-day; Nifty atop 24,000; key reasons here

Private banking and select IT stocks led market pullback on Wednesday as lower oil prices, and hopes of India-US trade deal lifted sentiment.

InterGlobe Aviation rallies 15% in 1 month, hits 5-month high; here's why

IndiGo's FY26 results underlined that demand remains strong, despite a host of challenges spanning internal/external disruptions and cost escalations throughout the year, analysts say.

Oil prices fall 1% on expectations of smoother crude flows via Hormuz

Brent crude futures fell 78 cents, or 1.0%, at $76.30 a barrel as of 0350 ‌GMT. US West Texas Intermediate slipped 78 cents, or 1.1%, to $72.43 a barrel

Oil market may re-enter surplus zone; Brent could slide up to $66/bbl

Brent to trade within $70-$76/bbl range over the next quarter, with downside risks extending toward $66-$68/bbl should Iranian supply recover faster than anticipated.

Oil prices rebound after selloff, awaits progress on Strait of Hormuz flows

Prices fell more than 3 per cent on Monday after the United States granted Iran a 60-day sanctions waiver following initial peace talks

Asian shares slip as markets reprice Fed expectations, oil prices gain

MSCI's ​broadest index of Asia-Pacific shares outside Japan fell 0.5 per cent, while S&P 500 e-mini futures slipped 0.2 per cent. Brent ‌crude was up 0.2 per cent at $78.03 per barrel

Oil prices rise after Iran shuts Hormuz again, Trump threatens new attacks

Brent crude futures ​climbed 54 cents or 0.67 per cent, to $81.11 a barrel by 0030 GMT, after touching a high of $82.30 ‌at the start of trading

Crude oil import bill surged 81.5% in May on elevated energy prices

India's crude oil import bill rose sharply in May as higher global energy prices outweighed stable import volumes amid supply disruptions linked to the West Asia crisis

Oil prices fall to lowest after ceasefire deal, touch pre-Iran war level

Oil slid to pre-Iran war lows as the US-Iran deal eased supply fears, lifting Indian equities even as hawkish Fed signals weighed on IT and gold

Asian stocks steady, oil prices lower after US and Iran sign peace deal

Both countries released the text of ​the agreement, which had already circulated widely before its contents were published

India's clean energy shift may create new strategic dependencies: Report

India's current strategic petroleum reserves are equivalent to just about 9-10 days of the country's net crude imports, far below other major import-dependent countries, a new report revealed on Wednesday. The report released by Council on Energy, Environment and Water (CEEW) said other countries that rely heavily on crude imports such as Japan and South Korea maintain reserves sufficient for over 200 days. The report, 'How Secure is India's Energy Future? Assessing Accessibility, Reliability, and Affordability, also noted that over 85 per cent of India's crude oil imports come from just six countries, including Russia and key West Asian suppliers, limiting flexibility supply shocks. Hemant Mallya, fellow at the CEEW, said, "Disruptions in crude oil, LNG, LPG, coal, or key shipping routes can quickly affect cooking costs, transport fuel prices, fertiliser subsidies, industrial competitiveness, and inflation." For gas, India imports nearly half its supply as LNG but has no dedicat