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Page 3 - Crude Oil Prices

Oil price cllimbs 2% as West Asia hostilities flare, Iran-US talks stall

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

Oil price cllimbs 2% as West Asia hostilities flare, Iran-US talks stall
Updated On : 04 Jun 2026 | 6:49 AM IST

Oil prices rise over 1% as new West Asia hostilities flare, talks stall

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

Oil prices rise over 1% as new West Asia hostilities flare, talks stall
Updated On : 03 Jun 2026 | 7:39 AM IST

Oil prices steady as uncertainty over US-Iran talks keeps markets on edge

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

Oil prices steady as uncertainty over US-Iran talks keeps markets on edge
Updated On : 02 Jun 2026 | 7:30 AM IST

Oil prices climb over 2% as Israel intensifies operations in Lebanon

US crude futures rose $2.37 or 2.71 per cent to $89.73 a barrel as of 0028 GMT

Oil prices climb over 2% as Israel intensifies operations in Lebanon
Updated On : 01 Jun 2026 | 7:18 AM IST

FinMin calls for policy agility as economy shows 'cautious resilience'

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

FinMin calls for policy agility as economy shows 'cautious resilience'
Updated On : 30 May 2026 | 3:32 PM IST

Oil outlook uncertain amid US-Iran deal hopes, supply pressure: Analyst

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

Oil outlook uncertain amid US-Iran deal hopes, supply pressure: Analyst
Updated On : 27 May 2026 | 2:16 PM IST

Brent to stay volatile amid US-Iran talks; $89-98 range in focus: Analyst

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

Brent to stay volatile amid US-Iran talks; $89-98 range in focus: Analyst
Updated On : 27 May 2026 | 1:48 PM IST

Rupee falls after three-day rally amid spike in crude oil prices

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

Rupee falls after three-day rally amid spike in crude oil prices
Updated On : 26 May 2026 | 7:16 PM IST

Brent rises 2% as US military strikes Iranian boats, missile launch sites

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 rises 2% as US military strikes Iranian boats, missile launch sites
Updated On : 26 May 2026 | 10:52 AM IST

Oil falls 6% to two-week low as US-Iran seen moving closer to peace deal

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

Oil falls 6% to two-week low as US-Iran seen moving closer to peace deal
Updated On : 25 May 2026 | 9:42 AM IST

Best of BS Opinion: RBI's surplus transfer will not ease fiscal pressure

Hello and welcome to BS Opinion, a wrap of editorials and columns on today's Opinion page.

Best of BS Opinion: RBI's surplus transfer will not ease fiscal pressure
Updated On : 25 May 2026 | 6:30 AM IST

Oil prices gain as investors doubt breakthrough in US-Iran peace talks

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

Oil prices gain as investors doubt breakthrough in US-Iran peace talks
Updated On : 22 May 2026 | 8:18 AM IST

Don't lose sleep over rupee slide, 100 is just a number: Panagariya to RBI

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

Don't lose sleep over rupee slide, 100 is just a number: Panagariya to RBI
Updated On : 21 May 2026 | 11:18 PM IST

Rupee touches fresh low, nears 97/$ as RBI unveils $5 bn buy-sell swap

The 30-year US bond yield hit the highest level since 2007 on inflation concerns

Rupee touches fresh low, nears 97/$ as RBI unveils $5 bn buy-sell swap
Updated On : 20 May 2026 | 11:14 PM IST

IMF backs targeted relief over broad subsidies amid oil price surge

The multilateral institution has urged governments to avoid broad-based subsidies and instead adopt targeted fiscal measures to manage inflation and protect vulnerable households

IMF backs targeted relief over broad subsidies amid oil price surge
Updated On : 20 May 2026 | 10:59 PM IST

A look at India's measures to cushion oil shock amid soaring prices

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

A look at India's measures to cushion oil shock amid soaring prices
Updated On : 20 May 2026 | 8:13 AM IST

Rupee weakens past 96.5 against $, hits new low for 7th straight session

The rupee weakened to a fresh low against the dollar amid elevated crude oil prices, higher US Treasury yields, and continued foreign fund outflows

Rupee weakens past 96.5 against $, hits new low for 7th straight session
Updated On : 19 May 2026 | 11:11 PM IST

Not just an external threat: India faces strong fiscal headwinds within

More attention needs to be paid to fiscal implications of the West Asian conflict for the Union and state governments

Not just an external threat: India faces strong fiscal headwinds within
Updated On : 19 May 2026 | 10:42 PM IST

Oil drops over 2% after Trump says he holds off scheduled attack on Iran

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

Oil drops over 2% after Trump says he holds off scheduled attack on Iran
Updated On : 19 May 2026 | 6:45 AM IST

Sensex drops over 1,000 pts but still ends in green amid West Asia crisis

Benchmark indices recovered from sharp early losses as IT stocks rallied and foreign investors continued buying despite escalating tensions in West Asia

Sensex drops over 1,000 pts but still ends in green amid West Asia crisis
Updated On : 18 May 2026 | 11:09 PM IST