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Searched Tag: crude oil prices
Crude oil prices surge amid fresh tensions in Middle East

Crude oil prices surge amid fresh tensions in Middle East

May 11, 2026, 09:19 AM - 2 min read

US West Texas Intermediate (WTI) crude was trading at $98.51 a barrel, up $3.09 or 3.24 per cent, after settling 0.64 per cent higher in the previous session.

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Prime Minister Narendra Modi - file image.

WFH, save fuel, skip gold: PM Modi on oil crisis

May 11, 2026, 09:12 AM - 3 min read

PM Modi urged a revival of the digital habits formed during the pandemic, such as online meetings and video conferencing, to reduce the national fuel bill.

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Speaking at the Vibrant Gujarat Regional Conference in South Gujarat, Puri noted that India previously imported oil from 27 countries before the US-Iran war began on February 28.

India diversifies oil imports to 41 countries: Puri

May 2, 2026, 09:44 AM - 2 min read

The diversification strategy, supported by long-term planning, has helped the country better manage the current energy challenges, including elevated crude prices, sanctions, and the closure of the Strait of Hormuz.

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Silver futures decline Rs 1,137 to Rs 2.36 lakh/kg

April 29, 2026, 03:13 PM - 3 min read

Silver prices fell by Rs 1,137 to Rs 2.36 lakh per kilogram in futures trade on Wednesday, as traders reduced their positions amid concerns over rising crude oil prices and a strengthening US dollar.

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Rupee closes 22 paise lower at 94.23 against the US dollar

April 24, 2026, 08:08 PM - 3 min read

The decline was driven by rising crude oil prices and a strengthening US currency, while uncertainty surrounding West Asia peace negotiations added to market pressure.

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Rupee slips 39 paise to settle at 93.83

April 22, 2026, 06:12 PM - 3 min read

At the interbank foreign exchange market, the rupee opened at 93.69 and fell to an intraday low of 93.87 against the greenback, coming close to the 94 level it had touched for the first time on March 23.

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Easing geopolitical tensions: Sensex climbs 500 pts

April 17, 2026, 05:17 PM - 3 min read

Improved global sentiment was driven by fresh hopes of a diplomatic breakthrough between the US and Iran, along with a 10-day ceasefire between Israel and Lebanon, which significantly boosted investor confidence, market analysts said.

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Crude oil price decline as Trump declares Israel-Lebanon truce

Crude oil price decline as Trump declares Israel-Lebanon truce

April 17, 2026, 09:38 AM - 2 min read

Oil prices fell shortly after US President Donald Trump announced a 10-day ceasefire between Israel and Lebanon.

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Sensex tumbles 702 pts as US-Iran talks collapse

April 13, 2026, 08:52 PM - 3 min read

From 30-Sensex firms, Maruti, InterGlobe Aviation, Bajaj Finance, Reliance Industries, Tata Consultancy Services and HDFC Bank were the biggest laggards. ICICI Bank, NTPC and Axis Bank were the winners

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US-Iran ceasefire: Sensex, Nifty soar nearly 4 pc

April 8, 2026, 06:46 PM - 3 min read

Market sentiment was further boosted by the Reserve Bank of India maintaining its policy repo rate, along with broad-based buying across sectors and a stronger rupee against the US dollar, traders said.

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Brent crude surges amid global conflicts, raising India’s import bill as ethanol blending gains traction to cut oil dependence and boost energy security.

High crude oil prices drive surge in ethanol demand

April 5, 2026, 10:36 AM - 2 min read

Last month, oil prices fluctuated from $70 per barrel to $119 per barrel amid the continued hostilities in the region, leading to a change of more than 80 per cent in prices since the beginning of the year.

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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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