Page 3 - Oil Prcies

Oil prices set for weekly gain but supply hike concerns weigh on prices

Both contracts fell more than 2 per cent in the previous session on the prospect of an Iranian nuclear deal, which could result in more barrels being released onto the global market

Stock market close highlights: Sensex sheds 200 pts; Nifty ends at 25,019; SMIDs outperform

Sensex Today | Stock Market Highlights on Friday, May 16, 2025: The Nifty Smallcap100 and Nifty Midcap100 indices closed with gains of 1.86 per cent and 0.94 per cent, respectively

WTI crude oil may stay below $60 in H2-CY2025 on Trump tariff woes: Analyst

Oil prices: The 90-day relief on reciprocal tariffs could see crude oil prices edging a bit higher towards $65. However, overall, we expect prices to trade range bound between $65-$58

Trading guide, April 11: Trump 90-day tariff halt, global sell-off, TCS Q4

In the previous session, Indian markets ended in the red after the RBI MPC cut the repo rate by 25 basis points to 6 per cent, and shifted its policy stance from 'accommodative' to 'neutral'.

Oil crash could push Saudi Arabia's budget deficit to $67 bn: Goldman Sachs

Crude has plunged to its lowest level in about four years after US President Donald Trump unveiled new tariffs on almost all countries

Markets Today: FIIs; Wall St; Trump tariffs; Active Infra, Rapid Fleet IPOs

In the previous session, Sensex ended at 78,017.19, up 32.81 points or 0.04 per cent. Nifty50 closed at 23,668.65, up 10.30 points or 0.04 per cent

Oil prices hold steady as fuel drawdown offsets strong dollar impact

US government data showed a higher-than-expected drawdown last week in distillate inventories, including diesel and heating oil, which fell by 2.8 million barrel

Markets Today: GIFT Nifty; Feb WPI; Wall St.; Gold; Paradeep, Divine IPOs

At 7:00 AM, GIFT Nifty Futures were up 126 points at 22,570, suggesting a gap-up start.

Markets Today: GIFT Nifty; Wall St bleeds; Japan GDP; IndusInd Bk; NAPS IPO

FIIs net sold shares worth Rs 485.41 crore, while DIIs net bought shares worth Rs 263.51 crore, on March 10

Markets Today: RBI MPC outcome; FIIs; M&M, ITC Q3; Chamunda IPO allotment

The Reserve Bank of India may cut the benchmark repo rate by 25 basis points to 6.25 per cent later in the day

Markets Today: SBI, Hero MotoCorp Q3; Gold; FIIs; RBI MPC; Chamunda IPO

In the previous session, Sensex dropped 312.53 points, or 0.40 per cent, to close at 78,271.28, while Nifty50 ended lower by 42.95 points, or 0.18 per cent, at 23,696.30

Oil prices extend losses amid uncertainty over Trump tariff impact

Brent crude futures dipped 2 cents to $78.98 a barrel by 0941 GMT. US West Texas Intermediate crude (WTI) lost 4 cents to $75.40

Markets Today: Wall St. in red; FIIs; Ventive, Senores Pharma, Carraro IPOs

Early signs hinted at a flat start, with GIFT Nifty Futures trading about 9 points higher at 24,001 level at 6:35 AM

Markets Today: US GDP; China LPR; FIIs; Senores & Carraro IPOs; IGI listing

Early indicators pointed to a subdued start, with GIFT Nifty Futures trading 84 points lower at 23,934 at 6:55 AM

Oil little changed as demand weakness offsets sanctions-driven supply risks

Weak demand, particularly in top importer China, and non-Opec+ supply growth were two factors behind the move

Markets Today: NTPC Green IPO listing, FOMC Minutes, US Q3 GDP est, FIIs

At 6:40 AM, GIFT Nifty futures were trading 11 points higher at 24,228, suggesting a flat to positive start for the Indian bourses

Global oil prices would have soared if we hadn't imported from Russia: Puri

New Delhi has repeatedly defended its purchases from Russia as necessary to keep prices in check

Oil climbs more than 2% on reports of Iran preparing strike on Israel

Israeli intelligence suggested that Iran is preparing to attack Israel with a large number of drones and ballistic missiles

Here's what's next for oil and gas prices as Middle East tensions heat up

Oil prices climbed this week as tensions in the Middle East escalated. Iran launched missiles at Israel and the Israelis threatened retaliation, raising the possibility of a disruption to the flow of oil from the region. A jump in oil prices automatically spurs fear of a spike in gas prices, but experts see reasons that may not happen. Here's a look at the current situation and the outlook for oil and gas prices: Familiar tensions, different times Oil prices rose than USD 6 per barrel this week and prices at the pump moved higher as well. The average price for a gallon of gas rose 5 cents from last week. Any major escalation of tensions in the Middle East conjures up memories of the oil embargo that followed the start of the Yom Kippur war in 1973, which quadrupled oil prices. However, the global supply of oil has been altered radically since the 1970s, with the US becoming the world's largest oil producer. Months of war between Israel and Hamas and Hezbollah, two Iranian proxies,

Biden declines public negotiation on Israel's stance on Iranian oil sites

Biden earlier in the day contributed to a surge in global oil prices when he said Washington was discussing strikes on Iran's oil facilities