Oil Prices

Moody's warns of margin, cash-flow pressures for Indian fuel retailers

State-owned fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) absorbing the impact of elevated global energy prices will lead to heightened margin and cash-flow volatility, Moody's Ratings said on Wednesday. "Domestic retail prices of fuels have remained largely steady since April 2022, despite swings in global oil and gas prices and the country's high dependence on imports," Moody's said in a note. "The companies will bear rising input costs from higher energy prices without corresponding increases in selling prices because the government's influence over retail pricing prevents timely cost pass-throughs." The three firms control nearly 90 per cent of retail fuel outlets in the country. Global benchmark Brent crude rose sharply and hit a high of USD 119 per barrel on March 9 before settling just under USD 90 the following day, reflecting a heightened geopolitical risk premium. However, retail pump r

EU urges US to strictly enforce G7 price cap on Russian oil exports

G7 finance ministers said on Monday they were ready to release oil from strategic reserves ​to help lower prices, if necessary

Oil could hit $150/bbl, $200 possible on demand destruction: WoodMac

Oil prices could rise to $150 per barrel as a massive Gulf supply disruption forces demand destruction, with $200 possible if the conflict persists, says Wood Mackenzie

Aramco CEO warns of catastrophic oil market impact from prolonged Iran war

Saudi Arabia is reducing output by as much as 2.5 million barrels a day, joining United Arab Emirates, Iraq and Kuwait in deepening cuts, Bloomberg reported on Tuesday

India faces LNG, LPG supply crunch after 10 days of West Asia war

Government prioritises LPG and LNG supply for domestic use as West Asia conflict disrupts shipments; India also secures alternative supplies that bypass the Strait of Hormuz

West Asia conflict jolts oil markets as analysts weigh future energy shock

Brent crude briefly surged to $120 a barrel amid supply disruptions in West Asia. Analysts warn that the Iran war could reshape oil price trajectories and pose fresh risks to India's energy security

Indian edible oil buyers move to secure prompt shipments as prices surge

India, which meets nearly two-thirds of its edible oil demand through imports, also buys palm oil from Indonesia, Malaysia and Thailand, with shipments typically reaching its ports in about a week

Why India needs Russian oil: Energy security outweighs US pressure

Oil prices have already risen 23.6 per cent, from about $72 per barrel a day before the war began on February 28 to around $89 per barrel now

Oil above $100 may trigger 10% Nifty correction, drag P/E to 18x: ICICI Sec

Brent crude oil has topped the $100-mark which may trigger a 10 per cent fall in Nifty, warns ICICI Securities. Rising oil prices could widen India's trade deficit and push inflation higher

Iran will not bow to pressure from US and Israel, says President Pezeshkian

With no sign of an end to hostilities in West Asia and tankers still not daring to cross the Strait of Hormuz, investors were bracing for a long stretch of higher energy costs

India faces rupee, inflation risks from West Asia conflict: Moody's

India could face pressure on the rupee, higher inflation and a widening current account deficit if the escalating Middle East conflict spikes energy prices and disrupts supplies, given its heavy dependence on crude and LNG imports from the region, according to Moody's Ratings. "India stands out among the large Asian economies that rely on crude and LNG from the Middle East," the rating agency said. The country imports about 46 per cent of its oil and natural gas requirements from the Middle East. Supplies from the region have been disrupted as the widening West Asia conflict has blocked the Strait of Hormuz, a key conduit for crude oil and LNG exports from the region. "Costly energy imports would weaken the rupee, raise inflation, worsen the current account balance and complicate monetary policy as well as fiscal management if they lead to expanded subsidies to help offset the economic shock," Moody's said in a note on oil supply shock in prolonged West Asia conflict. Strait of Hor

Markets snap 3-day losing streak, rebound over 1% despite West Asia crisis

Benchmark indices bounced back after three sessions of steep losses, but analysts caution the recovery may remain fragile as escalating Middle East tensions continue to cloud global sentiment

West Asia crisis: Sensex slips to 11-month low, volatility gauge jumps 23%

Escalating West Asia tensions kept oil prices elevated and triggered broad-based selloff in domestic equities, pushing benchmark indices to multi-month lows and erasing ₹21.5 trillion in market value

Oil prices fall after report of possible US-Iran talks amid Gulf turmoil

Brent crude was down 50 cents, or 0.6 per cent, to $80.90per barrel by 1318 GMT, after hitting a high of $84.48 earlier in the session

Nifty crashes 1,000 points below its 200-DMA; analysts see more downside

Any impact on the oil infrastructure in case of a prolonged war could see the Nifty drop to 23,500 - 23,700 levels," says U R Bhat, co-founder & director of Alphaniti Fintech.

Iran-Israel-US war: Nifty may test 24,500, cautions Emkay; where to hide?

Iran-Israel-US tensions may trigger Nifty correction to 24,500, says Emkay. Sectors at risk, safe bets, oil shock impact and investor strategy explained

Oil prices surge 9%, gold jumps as Iran conflict shakes global markets

President Donald Trump suggested to the Daily Mail the conflict could last for four more weeks, while posting that attacks would continue until US objectives were met

Gaudium IVF and Women Health gains 2%; Omnitech subscribed 1.14 times

Gaudium IVF gained nearly 2% on debut, Omnitech IPO saw muted demand, while oil prices hit seven-month highs amid uncertainty over extended US-Iran talks

Oil prices slip about 1.5% on high US crude stocks and US-Iran positivity

Brent crude futures were down 95 cents, or 1.3 per cent , at $69.90 a barrel ‌by 1351 GMT. WTI futures lost $1.06, or 1.6 per cent , to $64.36

Will Brent crude oil price stay above $70 in 2026? Analyst shares outlook

Crude oil trades near 7-month highs as US-Iran tensions sustain a $5-$6 risk premium. Analyst explains how Strait of Hormuz, Opec+ decisions, and current Brent oil prices shape oil market outlook