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June 20, 2026, 09:21 AM - 2 min read
The wave of attacks, which defy the US-Iran peace memorandum, has triggered fresh uncertainty in oil-dependent economies.
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June 19, 2026, 09:35 AM - 2 min read
According to shipping sources, oil tankers are now smoothly passing through the Strait of Hormuz, a critical waterway that handles nearly one-fifth of global oil trade.
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June 16, 2026, 09:51 AM - 2 min read
Brent crude futures gained 26 cents, or 0.3 per cent, to hit $83.42 a barrel, while US West Texas Intermediate (WTI) rose by 46 cents, or 0.3 per cent, to reach $81.12 a barrel.
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June 15, 2026, 10:58 AM - 2 min read
While stock markets across Asia soared, the United States' Dow Jones was also trading higher. However, oil prices fell by 4.5 per cent to $83.40 per barrel.
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June 12, 2026, 09:00 AM - 2 min read
Brent crude futures dropped nearly $1.21, or 1.3 per cent, to $89.17 per barrel as of 00:42 GMT, while US West Texas Intermediate (WTI) crude fell $1.23, or 1.4 per cent, to $86.48 per barrel.
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June 9, 2026, 09:03 AM - 2 min read
Prices had earlier climbed close to $97 per barrel before easing to around $91 at the close of Monday’s trading session.
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June 8, 2026, 05:06 PM - 3 min read
Addressing an inter-ministerial media briefing in New Delhi, Additional Secretary in the Ministry of Petroleum and Natural Gas, Praveen Khanuja, stated that India has sufficient stocks of petroleum products and that the government has taken proactive measures to safeguard the nation’s energy security.
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June 8, 2026, 09:04 AM - 2 min read
The fresh escalations have dashed hopes for an end to the broader regional conflict and raised concerns about the possible disruption to crude shipments through the Strait of Hormuz.
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June 5, 2026, 09:28 AM - 2 min read
West Texas Intermediate (WTI) crude hovered below $93 a barrel during early trade.
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June 2, 2026, 09:02 AM - 2 min read
The US-based WTI crude oil prices were also trading 0.59 per cent lower at $91.61 per barrel as of 9:42 am (IST) on June 2, compared with $92.16 per barrel, according to exchange data.
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June 1, 2026, 08:44 AM - 2 min read
“Despite uncertainties, the acute risk phase for the global economy should be over if tankers can begin moving again,” Michael Feroli, head of US economics at JPMorgan, told reporters on Monday.
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May 31, 2026, 08:14 PM - 5 min read
Paint producers, which have already implemented several rounds of price hikes due to rising costs of crude oil-linked raw materials, remain cautious about future pricing decisions.
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