Page 2 - Crude Oil Prices

Oil prices on track for weekly loss despite simmering Iran tensions

Brent crude futures were down 25 cents, or 0.3%, to $89.45 a barrel while West Texas Intermediate crude futures fell 22 cents, also 0.3%, to $83.31

Nomura remains bullish on OMCs despite high crude prices; prefers IOC, BPCL

Nomura maintains its bearish medium-to-long-term outlook on crude oil, citing the potential for the largest-ever global oil surplus in 2027E based on IEA forecasts.

Oil prices fall 2% after Iran-Oman resume talks to reopen Strait of Hormuz

Brent crude futures fell $1.78, or 2.0%, to $86.80 a barrel by 0027 GMT, while US West ‌Texas Intermediate crude futures were down $1.49, or 1.8%, at $80.87

Oil steady as investors weigh impact of expanded US sanctions against Iran

Brent ​crude futures were down 9 cents, or 0.1%, at $92.16 by 0104 GMT, ​while US West Texas Intermediate crude was up 1 cent at $85.02 a barrel

Oil prices fall ahead of expected US announcement on new Iran sanctions

Brent crude futures fell $1.22, or 1.29%, ‌to $93.17 by 0035 GMT, while US West Texas Intermediate crude was at $85.86 a barrel, down $1.20, or 1.38%

Hawkish MPC minutes, crude oil price surge send bond yields higher

Benchmark 10-year government bond yield rises 5 basis points to 6.87 per cent as markets increasingly price in the possibility of a rate hike at the next policy review

Oil prices rise for fifth session as Iran war threatens global supply

Brent crude climbed to $91.87 a barrel and WTI to $86 as the prolonged conflict raises concerns over supply disruptions from West Asia

Oil prices edge higher on uncertainty over exports through Hormuz

Brent crude futures climbed 26 cents, ‌or 0.29%, to $91.28 by 0004 GMT, while US West Texas Intermediate crude futures were up 37 cents to $85.31 a barrel

Brent climbs above $91 as fading US-Iran peace hopes raise supply risks

Brent crude futures climbed 27 cents, or 0.3%, to $91.14 by 0003 GMT, after rising to their highest since July 30 on Monday

$115/bbl: CareEdge pegs oil level seen turning OMCs' operating profit red

The ratings agency estimates that an integrated OMC's operating profit would turn negative at around $115 a barrel, assuming no further increase in petrol and diesel retail prices.

'India has been competing for FII flows since 12 mths, but has been losing'

For FII flows to accelerate - lower crude oil prices, rupee stability and two consecutive quarters of earnings delivery without downgrades seem must, says Jignesh Desai of Centrum Broking.

Oil prices rise as US-Iran peace talks stall, Hormuz shipping slows

Brent crude futures rose as ‌much as 1% to $89.40 per barrel and were last trading up 72 cents at $89.20 by 0229 GMT

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 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

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

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

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

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

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

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.