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Crude Oil Prices

Oil prices edge higher after US threatens indefinite blockade of Iran

Brent futures rose 1 cent, or ‌0.1%, to $87.08 a barrel by 0247 GMT, while US West Texas Intermediate (WTI) crude futures rose 6 cents to $81.31 a barrel

Oil prices edge higher after US threatens indefinite blockade of Iran
Updated On : 14 Aug 2026 | 9:13 AM IST

Oil prices fall on lower demand growth forecasts despite US-Iran deadlock

Brent futures ‌dropped $1.29, or 1.5 per cent, at $87.69 a barrel by 0100 GMT; US West Texas Intermediate (WTI) crude fell $1.30, or 1.6 per cent, to $81.97

Oil prices fall on lower demand growth forecasts despite US-Iran deadlock
Updated On : 13 Aug 2026 | 8:01 AM IST

Evolving West Asia crisis may have fiscal impact in FY27: FinMin to panel

The ministry said its fiscal consolidation path and Rs 1 trillion stabilisation fund provide room to absorb mild shocks, but sustained oil-price increases pose risks

Evolving West Asia crisis may have fiscal impact in FY27: FinMin to panel
Updated On : 12 Aug 2026 | 11:09 PM IST

Oil prices rise as doubts over US-Iran deal heighten supply concerns

Brent futures gained 72 cents, or 0.81%, to $89.63 a barrel ‌by 0053 GMT, while US West Texas Intermediate (WTI) crude climbed 71 cents, or 0.85%, to $83.91

Oil prices rise as doubts over US-Iran deal heighten supply concerns
Updated On : 12 Aug 2026 | 8:16 AM IST

Hormuz and India's neighbours: How China escaped West Asia crisis intact

By sharply reducing oil imports, China not only shielded its own economy from a supply shock (to an extent) - its impact also helped cushion the price shock for other Asian economies, analysts said

Hormuz and India's neighbours: How China escaped West Asia crisis intact
Updated On : 09 Aug 2026 | 10:40 PM IST

Oil rebounds after selloff as talks to end US-Iran war remain uncertain

Front-month Brent futures rose $0.62, or 0.7%, to $84.39 a ​barrel as of 0055 GMT after dropping 7% in the previous session to a three-week low

Oil rebounds after selloff as talks to end US-Iran war remain uncertain
Updated On : 04 Aug 2026 | 7:53 AM IST

Best of BS Opinion: Resilience needs many moving parts to work together

From monetary policy and aviation to foreign investment, climate action and public health, today's editorials examine why complex challenges need coordinated solutions

Best of BS Opinion: Resilience needs many moving parts to work together
Updated On : 03 Aug 2026 | 10:27 PM IST

OMCs drag India Inc earnings. What would Q1 have looked like without them?

Elevated crude prices against the backdrop of the West Asia crisis remained the key factor that roiled the OMCs' Q1 earnings performance.

OMCs drag India Inc earnings. What would Q1 have looked like without them?
Updated On : 03 Aug 2026 | 1:16 PM IST

Oil retreats but risk is skewed northwards, cautions Mirae's Mohammed Imran

We hold a bullish stance on crude oil, with Brent expected to average around $80 if the war is not prolonged, but if we see Hormuz disruption until mid-September, Brent may average $90 by year-end.

Oil retreats but risk is skewed northwards, cautions Mirae's Mohammed Imran
Updated On : 31 Jul 2026 | 4:07 PM IST

Rupee rises for third session on softer crude, firmer dollar caps gains

The rupee gained on lower crude oil prices and RBI-linked dollar sales, but a stronger dollar ahead of the US Federal Reserve's policy decision limited the upside

Rupee rises for third session on softer crude, firmer dollar caps gains
Updated On : 28 Jul 2026 | 10:20 PM IST

Oil markets under-pricing geopolitical supply shock, warns Mirae Asset

Near-term oil prices are likely to remain extremely volatile. Prices could react sharply to any suggestion that Washington and Tehran are moving toward peace, although we remain doubtful.

Oil markets under-pricing geopolitical supply shock, warns Mirae Asset
Updated On : 28 Jul 2026 | 3:09 PM IST

Oil slips 7%, global shares gain as Chinese chipmaker CXMT soars in debut

US futures surged early Monday and the price of a barrel of Brent crude, the international standard, dropped 6.8 per cent to $85.49

Oil slips 7%, global shares gain as Chinese chipmaker CXMT soars in debut
Updated On : 27 Jul 2026 | 3:52 PM IST

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

Brent hovers above $100 on Red Sea disruptions, Iran war concerns
Updated On : 24 Jul 2026 | 9:37 AM IST

Oil prices top $100 amid Houthi attacks on tankers in the Red Sea

Brent crude surged above $100 after Houthi attacks on Saudi tankers deepened Middle East supply disruptions, fuelling fears of a prolonged global oil shock

Oil prices top $100 amid Houthi attacks on tankers in the Red Sea
Updated On : 23 Jul 2026 | 11:13 PM IST

Adverse developments in West Asia, US, Russia: India may be worst-hit

The legislation allows US President Donald Trump to impose tariffs of as much as 100 per cent on the top five purchasers of Russian oil and natural gas, essentially targeting China and India

Adverse developments in West Asia, US, Russia: India may be worst-hit
Updated On : 22 Jul 2026 | 9:06 PM IST

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

Oil prices extend gains on supply disruption fears, Brent tops $92
Updated On : 22 Jul 2026 | 10:37 AM IST

Business Standard poll: Crude prices, exports improve CAD outlook

Economists have sharply lowered India's FY27 current account deficit forecast as softer crude oil prices, resilient exports and remittances improve the external outlook

Business Standard poll: Crude prices, exports improve CAD outlook
Updated On : 20 Jul 2026 | 10:35 AM IST

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

Brent surpasses $90 as US-Iran conflict fuels fresh oil price rally
Updated On : 20 Jul 2026 | 9:13 AM IST

Next two quarters will be tough for the markets, B. Gopkumar, Axis MF

We've also seen significant sector rotation over the past few weeks, making it difficult for fund managers to stay positioned across every segment, says B. Gopkumar, MD & CEO of Axis Mutual Fund.

Next two quarters will be tough for the markets, B. Gopkumar, Axis MF
Updated On : 17 Jul 2026 | 10:22 PM IST

Hormuz blockade risks reignite upward pressure on Crude Oil prices

Crude Oil market has moved beyond a simple war-premium story. It's now balancing three forces at once: geopolitical risk around Hormuz, refinery-led product tightness and softer macro-demand impulse.

Hormuz blockade risks reignite upward pressure on Crude Oil prices
Updated On : 17 Jul 2026 | 2:12 PM IST