Brent futures settled up $1.81, or 1.89 per cent, at $97.81 a barrel, while US West Texas Intermediate crude climbed $2.26, or 2.41 per cent, to $96.02
Brent futures rose $1.05, or 1.09 per cent, at $97.05 a barrel, while US West Texas Intermediate (WTI) crude rose $1.01, or 1.08 per cent, to settle at $94.77
Brent crude futures inched up 6 cents, or 0.06 per cent, to $95.04 a barrel at 0001 GMT, while US West Texas Intermediate fell 17 cents, or 0.18 per cent, to $91.99 a barrel
US crude futures rose $2.37 or 2.71 per cent to $89.73 a barrel as of 0028 GMT
The finance ministry on Saturday said strong domestic fundamentals support growth, but rising oil prices, a weaker monsoon and global uncertainty warrant continued policy vigilance
Reports of a possible US-Iran framework involving a ceasefire extension and steps to reopen Hormuz triggered a sharp 7 per cent single-session drop earlier this week
WTI futures traded below $93 per barrel mid-week, near a five-week low, as markets weighed optimism over ongoing US-Iran negotiations against renewed military operations in southern Iran
The rupee weakened against the dollar as crude oil prices surged following fresh US strikes on Iran and concerns over disruptions in the Strait of Hormuz
While both contracts fell during the overnight session on hopes of a peace deal, the US strikes in southern Iran and Israeli attacks on Hezbollah have boosted Brent prices
Brent crude futures fell $5.85, or 5.7 per cent, to $97.69 a barrel by 0343 GMT, while US West Texas Intermediate were at $90.85 a barrel, down $5.75, or 6 per cent
Hello and welcome to BS Opinion, a wrap of editorials and columns on today's Opinion page.
Brent crude futures rose $2.38, or 2.3 per cent, to $104.96 a barrel by 0034 GMT, and US West Texas Intermediate futures were up $1.73, or 1.8 per cent, at $98.08
Arvind Panagariya advised the RBI not to worry about the rupee crossing 100 against the dollar and said depreciation is the right response to the oil shock
The 30-year US bond yield hit the highest level since 2007 on inflation concerns
The multilateral institution has urged governments to avoid broad-based subsidies and instead adopt targeted fiscal measures to manage inflation and protect vulnerable households
From curbing gold imports and raising fuel prices to tightening currency-market rules, authorities have stepped up efforts to conserve dollars, with the rupee hitting a new low Tuesday
The rupee weakened to a fresh low against the dollar amid elevated crude oil prices, higher US Treasury yields, and continued foreign fund outflows
More attention needs to be paid to fiscal implications of the West Asian conflict for the Union and state governments
Brent futures for July delivery fell $3.01, or 2.7 per cent, to $109.09 a barrel as of 0001 GMT, while US West Texas Intermediate crude for June delivery fell $1.38, or 1.3 per cent, to $107.28
Benchmark indices recovered from sharp early losses as IT stocks rallied and foreign investors continued buying despite escalating tensions in West Asia