Crude Oil Prices

Oil surges to $108 per barrel amid West Asia war; India denounces strikes

To secure supplies, 13 tankers carrying around 3.5 lakh tonnes of LPG are currently headed from the US to India

Indices see worst fall in 21 months as crude shock triggers selloff

Indian equities tumble as crude oil prices spike amid West Asia tensions, fuelling fears of inflation and slowing growth, with indices logging their sharpest fall in nearly two years

Skoda Auto India keeps foot on the pedal, targets 10-12% growth

Skoda Auto India targets 10-12% growth in 2026, outpacing the market, even as West Asia tensions and rising oil prices pose risks to demand and supply chains

If war ends soon, most emerging mkts in APAC can absorb blow: Louis Kuijs

Rising oil prices from the US-Israel-Iran conflict threaten Asia's growth, widening deficits, fuelling inflation, and testing energy security across major economies

Crude above $100: What it means for India's economy and energy

Crude oil above $100 a barrel threatens to widen India's CAD, stoke inflation, and strain key sectors, even as upstream firms gain and downstream players face margin pressures

If short-lived, conflict unlikely to dent India's macro outlook: Economists

Economists say a brief West Asia conflict may have limited impact on India's macro outlook, though risks could emerge if crude oil prices stay elevated for a prolonged period

RBI steps up support for rupee, bond markets as crude oil prices surge

Central bank steps into forex and bond markets as rising crude prices threaten inflation, the rupee and government finances

Crude at $115 per barrel could raise India's oil import bill by $64 billion

If global crude averages $110-115 per barrel in FY27, India's net oil imports could rise by $56-64 billion annually, worsening the current account deficit and fuelling inflation

Global equities, bonds sink as West Asia crisis stokes inflation fears

Hormuz blockade, surging oil prices may weigh on Indian markets

Oil producers may benefit as crude spikes amid Hormuz disruption risk

Escalating tensions in West Asia threaten crude and LNG flows via the Strait of Hormuz, pushing prices sharply higher and lifting prospects for ONGC and Oil India even as OMCs face pressure

Oil price surge hits airlines, tyre stocks; IndiGo slides 7%, JK Tyres 16%

Airlines, tyre and paint stocks tumble as crude surges 9 per cent amid Iran-Israel-US tensions. Shares of IndiGo, SpiceJet, JK Tyre, Asian Paints, Berger Paints slide sharply on Monday

India faces oil shock as Iran war intensifies and supply risks grow

US and Israeli strikes that killed Ayatollah Ali Khamenei have deepened open conflict with Iran and rattled West Asia, disrupting sea routes via Strait of Hormuz, fuelling oil price spike

Crude oil prices, competition likely to dull paint makers' margins

Paint stocks slipped in FY26 Q3 as weak decorative demand, intense competition and rising crude oil prices outweighed hopes of a volume-led recovery

Stock Market Close: Sensex gains 317 pts; Nifty tops 25,500 despite US-Iran tensions; SMIDs mixed

Sensex Today | Stock Market Highlights, Friday, Feb 20: In the broader markets, the Nifty MidCap 100 ended 0.48 per cent higher, while Nifty Smallcap was down 0.11 per cent

Oil prices rise to 6-month high as Trump puts time limit on Iran stand-off

The major oil producer lies opposite the oil-rich Arabian Peninsula across the Strait of Hormuz, through which about 20 per cent of global oil supply passes

India's crude oil import bill drops 19% in January on softer global prices

India's crude oil import bill fell sharply in January as the Indian basket price averaged $63.08/bbl - $17 lower than last year - easing the country's overall energy burden

Crude oil climbs over 1% as US-Iran risks offset surplus concerns

Brent crude ​oil futures were up 98 cents, or 1.4 per cent , at $69.78 a barrel ‌by 0949 GMT. US West Texas Intermediate crude rose 95 cents, or nearly 1.5 per cent , to $64.91

Crude oil prices may fall to $50/barrel by June 2026, says SBI report

Crude oil prices are expected to soften significantly in 2026, and they could touch USD 50/barrel by June 2026, a report said on Monday. According to the SBI Research report, the deceleration of prices is likely to be faster, and this could average CPI inflation for FY27 decisively below 3.4 per cent. Benign energy prices will impact the GDP outlook favourably, it said, adding that the expected impact on annual GDP growth is around 10-15 bps. The medium-term trends since 2022 for Brent and Indian basket show that there has been a downward trend in crude prices, it added. The latest event in Venezuela has not impacted the price significantly on the upside, the report pointed out. Brent crude price has been hovering around USD 60 per barrel for the last one week. Since oil prices constitute the largest component in the import basket and cannot be substituted with domestic production in the short term, contraction of the import bill on account of crude import prices will impact the

Crude oil outlook: WTI seen at $55-60 as Asian demand offsets rising supply

Forecasts from major energy bodies suggest a trend toward inventory builds and moderated prices, contingent on geopolitical stability and production policies

Saudi Arabia cuts crude rates as India buys more oil from the US, Russia

Saudi Arabia is offering more competitive rates amid widening discounts of $5-7 per barrel offered on Russian Urals barrels and a surge in purchases of US crude oil by India