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Searched Tag: brent crude oil prices
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Brent oil nears USD 100

July 23, 2026, 03:35 PM - 5 min read

According to the Reserve Bank of India's (RBI) latest monthly bulletin, the price of India's crude oil basket declined sharply to USD 75.6 per barrel in July from a peak of USD 114.5 per barrel recorded in April, reflecting a significant easing in international energy prices over the past few months.

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Geopolitical tensions: Brent crude at USD 94

July 22, 2026, 06:09 PM - 5 min read

The recent surge has been driven largely by heightened geopolitical uncertainty in West Asia, with investors closely watching developments that could affect oil production and shipping routes in one of the world's most important energy-producing regions.

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Crude oil price back to $85 a barrel amid escalating crisis

July 16, 2026, 09:46 AM - 2 min read

Brent crude futures rose 33 cents, or 0.4 per cent, to US$85.28 per barrel, while US West Texas Intermediate (WTI) crude gained 42 cents, or 0.5 per cent, to US$80.02 per barrel.

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Indian markets open higher amid rising oil prices

July 15, 2026, 10:07 AM - 3 min read

"Indian markets are subdued due to the oil price rise and risk from an escalation of supply disruptions from Iran. The futures are pointing to a slight positive move at the open, but resumed FPI selling and the Gulf disruption risk will keep up moves limited," he added.

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Crude oil prices jump to $85 amid escalating Mid-East tensions

Crude oil prices jump to $85 amid escalating Mid-East tensions

July 14, 2026, 09:34 AM - 2 min read

Brent crude futures gained $1.68, or 2 per cent, to $84.98 per barrel, while US West Texas Intermediate (WTI) crude advanced $1.65, or 2.1 per cent, to $79.79 per barrel.

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Crude oil prices fall back to $72 a barrel ahead of Iran-US talks

Crude oil prices fall back to $72 a barrel ahead of Iran-US talks

June 30, 2026, 10:03 AM - 2 min read

Brent crude futures for August delivery, set to expire today, fell 1.03 per cent to $72.40 per barrel. Brent crude for September delivery was down 0.54 per cent at $73.51 per barrel.

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Crude oil prices fall below $100 a barrel

June 4, 2026, 09:17 AM - 2 min read

Brent crude futures slipped 67 cents, or 0.69 per cent, to trade at $97.14 per barrel as of 00:15 GMT, while US West Texas Intermediate (WTI) crude futures declined by 62 cents, or 0.65 per cent, to $95.40 per barrel.

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Crude oil prices rebound as Iran war fears, Hormuz tensions and falling US inventories raise fresh concerns over global energy supplies.

Crude oil prices top $105 in early as supply concerns remain high

May 21, 2026, 11:01 AM - 2 min read

Brent crude, the international benchmark, climbed 0.77 per cent to reach $105.83 per barrel, while US West Texas Intermediate (WTI) futures gained 97 cents, or 0.99 per cent, to trade at $99.23.

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Crude oil prices drop to $109 in early trade

Crude oil prices drop to $109 in early trade

May 19, 2026, 09:07 AM - 2 min read

Brent crude futures for July delivery dropped $3.01, or 2.7 per cent, to trade near $109.09 per barrel during early trading hours.

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Brent crude stays above $113 a barrel amid uncertainty in Strait of Hormuz

Brent crude stays above $113 a barrel amid uncertainty in Hormuz

May 5, 2026, 10:12 AM - 2 min read

The latest spike came after the US military announced it had destroyed half a dozen Iranian small boats in response to alleged Iranian attacks on commercial vessels in the waterway. Iran rejected the claims and denied attacking the UAE.

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Brent crude surges past $120 per barrel

April 30, 2026, 07:41 PM - 2 min read

Brent crude to be delivered in June jumped 3.3 per cent to US $121.90 after briefly soaring past US $126 per barrel

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