Brent Crude Oil

Brent crude futures were down 22 cents, or 0.31%, at $69.97 a barrel by 0052 GMT. U.S. West Texas Intermediate crude lost 27 cents, or 0.39%, to $68.11 a barrel.

Equities show measured reaction to Israel-Iran war as money managers price in a limited conflict

The Iran-Israel conflict has set the stage for a week that will see US Fed and BoJ consider key policy decisions, along with a summit level meeting of Group of Seven leaders, and market participants will weight if the cues get further complicated.

If global conflicts stay contained, market impact could wear off, says Quantum AMC’s Chirag Mehta

If the middle east conflict remains restricted, or even subside, one could see the market impact wear off, said Chirag Mehta, the CIO at Quantum AMC. However, the markets are at risk of a correction as valuations have been cooled off, and there is't enough opportunity to deploy capital.

Oil outlook in flux as analysts revise views after Israel strike

Brent crude jumped more than 13% following the attacks, which targeted Iran’s nuclear program and military capabilities, in a major escalation in tensions between two major military powers that risks spiraling into a regional war.

Trump's executive order and tariff threat sent crude lower, OMC shares higher

Trump's declaration of a national energy emergency, in an effort to boost oil and gas production triggered a sharp fall in crude oil prices, with Brent falling below $80 per barrel and West Texas Intermediate near $77.

Rupee trades down at 85.87 on higher crude prices, stronger dollar index

Oil prices rose as cold weather gripped parts of the United States and Europe, boosting winter fuel demand.

Middle East tension unlikely to impact RBI projections on inflation, say experts

On October 1, Iran launched ballistic missiles at Israel in retaliation to Israel’s war in Gaza, targeting Houthis in Yemen and Hezbollah in Lebanon.

Oil steady as investors weigh weak demand, potential delay to OPEC+ output hike

But an end to a dispute halting Libyan exports and soft Chinese demand culminating in oil hitting multi-month lows drove the group to reconsider.

Oil falls on prospect of higher-for-longer US rates, stronger dollar

Brent crude futures settled at $82.79 a barrel, down $1.09, or 1.3%. U.S. West Texas Intermediate crude settled at $78.26 a barrel, down $1.00, or 1.3%.

Crude oil futures decline on low demand

On the Multi Commodity Exchange, crude oil for May delivery fell Rs 114 or 1.73 per cent to Rs 6,471 per barrel with a business volume of 11,948 lots

Oil slips on rising US stockpiles, cautious supply expectations

U.S. crude stocks rose by 509,000 barrels in the week ended May 3, market sources said citing American Petroleum Institute figures. Gasoline and distillate fuel inventories also rose, they said.

Israel-Iran tensions: How should investors navigate the impact on financial market?

A small correction in markets is expected, unless there is some other action this evening by Israel or Iran, according to market expert Ajay Bagga.

Oil falls for second day as US crude inventories surge

Brent crude futures for May dropped 70 cents, or 0.8%, to $85.55 a barrel by 1258 GMT while the more actively traded June contract was down 61 cents, or 0.7%, at $85.02. The May contract expires on Thursday.

Oil prices edge up with signals mixed on crude supply outlook

Brent crude futures were up 30 cents, or 0.4%, to $80.36 a barrel at 11:24 a.m. EST (1618 GMT). US West Texas Intermediate crude futures (WTI) gained 46 cents, or 0.6%, to $75.22 a barrel.

Oil rises 1% as more tankers avoid Red Sea after strikes

Brent crude futures were up 90 cents, or 1.13%, at $78.31 a barrel at 12:11 p.m. ET (17:11 GMT). During the session they had climbed over $3 to more than $80.

Oil rises 3% to two-week high as Mideast tensions surge

Brent futures rose $2.23, or 2.9%, to $79.03 a barrel by 11:25 a.m. EST (1625 GMT), while, US West Texas Intermediate (WTI) crude rose $2.34, or 3.35, to $73.71.

Oil prices set to end year 10% lower as demand concerns snap winning streak

On December 29, oil climbed after falling 3% the previous day as more shipping firms prepared to transit the Red Sea route. Major firms had stopped using Red Sea routes after Yemen's Houthi militant group began targeting vessels.

Oil prices slide as Red Sea transport disruptions ease

Front month February Brent crude futures were down $1.02, about 1.3%, at $78.63 a barrel by 1443 GMT in subdued trade ahead of their imminent expiry, while the more active March contract was down 92 cents, about 1.2%, at $78.62 a barrel.

Almost all our crude exports in 2023 split between India, China, says Russia's Deputy PM

"The main partners in the current situation are China, whose share has grown to approximately 45-50 percent, and, of course, India," the Russian Deputy Prime Minister said.

Oil prices set for weekly gain as Red Sea tension persists

Brent crude futures were up 92 cents, or 1.2%, to $80.31 a barrel at 1445 GMT.

Oil perks up after sharp week-long sell off on supply, demand concerns

Brent futures rose $1.34, or about 1.7%, to $78.76 a barrel by 1349 GMT. US West Texas Intermediate crude (WTI) was at $74.1, up $1.2, also roughly 1.7%.

Oil prices edge higher ahead of Biden Middle East trip

Brent crude futures settled up 25 cents to $89.90 a barrel. U.S. West Texas Intermediate crude (WTI) was unchanged at $86.66.

Crude oil headed for second consecutive weekly gain

As Saudi Arabia and Russia extended their voluntary supply cuts through the end of the year, both benchmarks reached 10-month highs earlier this week. Brent and WTI were still on track for about a 1 percent gain for the week

Oil rises as dollar eases, China seeks to soothe economic woes

Brent crude futures rose 95 cents, or 1.2% to $84.42 a barrel by 12:46 p.m. ET (1646 GMT). U.S. West Texas Intermediate crude (WTI) was up $1.23, or 1.6% at $80.60 a barrel.

Brent oil hovers above $80 as inflation worries ease

Brent futures were up 63 cents at $80.26 a barrel by 1325 GMT while U.S. West Texas Intermediate (WTI) crude was up 51 cents at $76.26.