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Searched Tag: crude brent oil
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OMCs absorb ₹1.6-1.7k cr daily hit to shield fuel prices

May 10, 2026, 04:33 PM - 4 min read

OMCs are absorbing ₹1.6–1.7k crore daily losses to shield fuel prices, with under-recoveries crossing ₹1 lakh crore in 10 weeks.

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Brent crude climbed above $102 a barrel as markets tracked Iran-US peace talks, despite uncertainty over Tehran’s nuclear demands.

Crude oil tops $102 a barrel in early trade

May 7, 2026, 09:05 AM - 2 min read

Crude oil had dropped below $100 a barrel on Wednesday after climbing to a record high of $126 earlier this week for a brief period.

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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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Crude oil surges, Sensex closes lower by 582 pts

April 30, 2026, 06:56 PM - 3 min read

The 30-share Sensex fell 582.86 points, or 0.75 per cent, to close at 76,913.50. During intraday trade, it plunged as much as 1,237.5 points, or 1.59 per cent, to 76,258.86 before recovering part of its losses in the latter half of the session.

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Asian stocks fall as oil prices surge over 4 per cent after US-Iran talks fail; Strait of Hormuz tensions and shipping disruptions fuel global market uncertainty.

Asian Markets fell as crude oil surge above $100 in early trade

April 23, 2026, 10:31 AM - 2 min read

Brent Crude is once again above $102.47 per barrel, while the US-based West Texas Intermediate also surged 0.7 per cent to $93.65 a barrel on Thursday.

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Oil prices hover near $95 as US-Iran talks lift hopes of easing tensions; markets expect crude to fall if ceasefire holds and negotiations progress.

Crude oil prices hover around $95

April 16, 2026, 09:54 AM - 2 min read

Brent crude on Thursday was trading 0.2 per cent higher at $95.08 per barrel after closing at $94.90 per barrel.

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Oil prices climb as Strait of Hormuz tensions and Lebanon strikes raise supply fears; Brent nears $97, adding inflation pressure on major Asian economies.

Crude oil prices continue to climb

April 10, 2026, 09:16 AM - 2 min read

Saudi Arabia has reduced its output by 600,000 barrels a day and also reduced the output on its East-West pipeline by 700,000 barrels per day.

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Sensex jumps 787 points; Nifty nears 23k level

April 6, 2026, 06:20 PM - 3 min read

In a volatile trading session, the 30-share Sensex surged 787.30 points, or 1.07 per cent, to close at 74,106.85. During the day, it had climbed as much as 887.91 points, or 1.21 per cent, to touch 74,207.46.

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Oil prices surge above $106 as Trump signals escalation against Iran; global stocks fall, gold drops, and investors brace for prolonged market volatility.

Crude oil surges past $106

April 2, 2026, 09:35 AM - 2 min read

Brent Crude surged over 5 per cent to above $106 per barrel as uncertainty over the Strait of Hormuz continued for the fifth straight week.

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West Asia war: Stock markets slump over 2 pc

March 30, 2026, 07:12 PM - 5 min read

Weak cues from Asian markets and persistent foreign fund outflows further deepened the bearish tone in domestic equities. Extending losses for the second consecutive session, the 30-share Sensex plunged 1,635.67 points, or 2.22 per cent, to close at 71,947.55.

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Crude oil prices jump to $116 per barrel as Iran prepares for US invasion

Crude oil prices jump to $116 per barrel

March 30, 2026, 08:57 AM - 2 min read

Brent Crude, the global benchmark, settled at $116 per barrel — just three dollars below its all-time high of $119 recorded on March 19 when Iran had threatened to close the Strait of Hormuz.

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NSE to launch dated brent crude futures from April 13

March 29, 2026, 03:27 PM - 2 min read

NSE will launch Dated Brent crude oil futures from April 13, offering a hedging tool linked to global benchmarks, with contracts based on Platts assessments and settled in rupees.

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