Us Crude Oil
BPCL buys 1 million barrels of US WTI crude for delivery in late December
The refiner bought the crude at a premium of about $18 per barrel to the dated Brent contract for discharge at Mumbai
 "BPCL buys 1 million barrels of US WTI crude for delivery in late December")
Oil market at crossroads as US-Iran diplomacy reshapes outlook: Analyst
Mohammed Imran of Mirae Asset Sharekhan said that oil market is entering a highly sensitive phase as geopolitical risks are weighed against the possibility of a breakthrough in the US-Iran crisis.
 "Oil market at crossroads as US-Iran diplomacy reshapes outlook: Analyst")
US crude stays costly for India despite Rubio push; Venezuela offers value
Refiners say record freight rates and crude quality make US barrels less attractive, while discounted Venezuelan oil offers better economics but remains supply-constrained
 "US crude stays costly for India despite Rubio push; Venezuela offers value")
Trump backs possible US diesel export ban as prices hit record high
The president's comments on Tuesday nod to American voters' cost-of-living concerns with November midterm elections just weeks away
 "Trump backs possible US diesel export ban as prices hit record high")
Gold at $10k, SIP flows, smallcaps outlook: Chris Wood's India mkt playbook
Over a five- or 10-year view, if I were an Indian mutual fund investor, it makes sense to allocate half of your inflows into small- and mid-cap funds, Wood said.
 "Gold at $10k, SIP flows, smallcaps outlook: Chris Wood's India mkt playbook")
Iran war pushes cost of shipping US Gulf Coast oil to Asia to record
US oil continues to backstop the supply gaps left by the war
 "Iran war pushes cost of shipping US Gulf Coast oil to Asia to record")
Iran's Hormuz leverage weakens but oil supply risks remain: Mirae Asset
Several shipping tracking companies are reporting improved oil flows from the South side of the Strait of Hormuz, which comes under Omani control.
 "Iran's Hormuz leverage weakens but oil supply risks remain: Mirae Asset")
Oil may top $100 as Hormuz, Russia risks persist: Mirae Asset Sharekhan
Mirae Asset Sharekhan believes that the crude oil market balance is likely to remain in deficit through 2026.
 "Oil may top $100 as Hormuz, Russia risks persist: Mirae Asset Sharekhan")
Oil outlook: Brent may rise to $95-97 amid Hormuz risks, says Kotak Sec
If negotiations continue to lose momentum, Brent could move towards $95-97 a barrel. However, any credible diplomatic breakthrough could quickly unwind part of the premium and trigger a sharp reversal
 "Oil outlook: Brent may rise to $95-97 amid Hormuz risks, says Kotak Sec")
North American oil in demand as world grasps for supplies amid Iran war
Oil grades from Texas and North Dakota to Alberta are surging as refiners compete with rivals in Asia and Europe for barrels after weeks of strangled shipments via the Strait of Hormuz
 "North American oil in demand as world grasps for supplies amid Iran war")
US crude jumps over 11%, Brent nearly 8% as Trump vows more attacks on Iran
US West Texas Intermediate crude futures rose $11.42, or 11.41 per cent, at $111.54 per barrel, settling at their biggest absolute price rise since 2020
 "US crude jumps over 11%, Brent nearly 8% as Trump vows more attacks on Iran")
US begins emergency oil reserve release of 86 mn barrels amid W Asia crisis
The release is part of a 400 million barrel effort coordinated with other nations aimed at prices that have climbed dramatically since the US-Israel invasion of Iran
 "US begins emergency oil reserve release of 86 mn barrels amid W Asia crisis")
Crude oil price outlook: Brent crude to average $56 in 2026, WTI near $49
Global inventories are expected to build by an average of 2.8 mbpd through the first half of the year, marking the largest surplus in recent memory
 "Crude oil price outlook: Brent crude to average $56 in 2026, WTI near $49")
US oil prices drop over $1 as Trump's comments reduce Iran supply fears
Trump said that he had been told that killings in Iran's crackdown on nationwide protests were subsiding and he believed there was currently no plan for large-scale executions
 "US oil prices drop over $1 as Trump's comments reduce Iran supply fears")
Crude oil outlook: $57-61 range likely, geopolitical flare-ups may test $62
Global oil prices have shown remarkable resilience amid softer economic data from two major consumers: the US and China
 "Crude oil outlook: $57-61 range likely, geopolitical flare-ups may test $62")
Raising energy purchases from the US hinges on prices, say analysts
Experts say US grades face logistical, economic, and compatibility challenges with Indian refinery configurations
 "Raising energy purchases from the US hinges on prices, say analysts")
Economics trumps politics: India's US oil, LNG imports slump sharply
India is guided solely by economics when sourcing oil and LNG rather than geopolitics, and the government does not interfere in decisions by state-oil companies, September data shows
 "Economics trumps politics: India's US oil, LNG imports slump sharply")
BPCL buys 10 mn barrels of US crude oil through five-month tender
India, the world's third-largest oil importer, is increasing imports from the United States as negotiations for a bilateral trade agreement continue
 "BPCL buys 10 mn barrels of US crude oil through five-month tender")
Sustained high crude oil prices to hurt downstream players
The fears centre around the possibility of supply routes being interdicted and hence, supply being disrupted, rather than Iranian oil being taken off the market
 "Sustained high crude oil prices to hurt downstream players")
Indian refiners purchase more US crude ahead of proposed trade talks in May
India's trade deficit widened more than expected in March, as oil imports jumped more than 60 per cent from a month earlier
 "Indian refiners purchase more US crude ahead of proposed trade talks in May")