Brent Crude Prices

RBI wants to see how evolving risks to the inflationary outlook play out, particularly food inflation and geopolitical tensions, before cutting the policy rate

Iran-Israel conflict — What could be the worst-case scenario for the world and India?

At the moment, the likelihood of a blockade of the Strait of Hormuz is low. However, in the case of such an event, crude prices may spiral out of control and disrupt the world economy as it is a vital artery carrying about a fifth of the world's oil.

RBI rate cut prospects for October fade on rising Middle East tension

While major central banks across the world have embarked on an easing cycle, the RBI is unlikely to follow the suit in October MPC meet amid the evolving geopolitical risks

Brent crude surge to $90 boosts upstream oil stocks, but upsets paint makers

Oil prices have a direct bearing on the profit margins of upstream oil companies and paint manufacturers.

Oil ticks up in tight market but bearish signals remain

Brent crude futures for December settlement rose 31 cents, or 0.3%, to $90.34 a barrel by 1209 GMT. Earlier in the session, Brent hit a low of $89.32.

RBI’s move to free forex inflows a right step, but not enough to halt rupee’s fall

RBI has taken baby steps to smoothen the volatility in currency market. It will have to take a giant leap forward (by hiking interest rates and/or dipping into forex reserves) to halt the weakening of the rupee

Wall Street slides on global slowdown fears

At 10:03 a.m. ET, the Dow Jones Industrial Average was down 415.23 points, the S&P 500 was down 56.93 points, and the Nasdaq Composite was down 104.93 points.

Above $90/bbl, oil extends sharp gains as winter storm sweeps through United States

U.S. West Texas Intermediate crude rose 28 cents, or 0.3%, to $90.55 a barrel, having gained $2.01 cents the previous day to settle above $90 for the first time since Oct. 6, 2014

Higher crude prices to improve topline, aid profits growth: ONGC

AK Srinivasan, Director Finance, ONGC told CNBC-TV18 that surge in crude oil prices will aid topline growth. On an annulised basis their revenues would be up by Rs 1000 crore and profits would increase by Rs 425 crore.

OPEC: Are we going to see a Saudi change of heart?

Ali bin Ibrahim Al-Naimi, the oil minister of Saudi Arabia, must be pondering that very question ahead of the December meeting of the Organisation of Petroleum Producing Countries (OPEC).

Morning cues: Nifty likely to be volatile today

In key data to watch in the US today is the non-farm payrolls which is expected to decline to 240,000, meanwhile unemployment rate may remain unchanged at 5.9%.

Re, crude fall hurt margins; to improve in Q2: Essar Oil

MD and CEO of Essar Oil, LK Gupta, tells CNBC-TV18 that the profitability of the company was hurt by falling crude prices and the sharp rupee depreciation during the quarter.

Jonathan Barratt: Strategies to trade gold, crude, copper

In an interview to CNBC-TV18, Jonathan Barratt of barrattsbulletin.com discusses trading ideas of select commodities such as gold, copper and crude oil.

Fat Prophets: Brent crude can test $90/bbl in future

Weak economic data saw Brent crude prices fall to a 16-month low, below USD 98 a barrel, on Monday. Voicing the same concern is David Lennox of Fat Prophets. He says this price correction in Brent crude prices is the result of a slowdown from China, to Europe to the US.

Oil ends with biggest monthly loss since Dec '08

Crude oil futures dropped on Thursday by more than 1%, ending May with their biggest monthly decline in more than three years as bloated US stockpiles and weak economic data added to worries about the euro zone crisis, all dampening oil demand prospects.

Fear premium of $10-15 in current oil price: Logic Advisers

Hopes of a Greek bailout deal and rumblings from Iran over crude supply blockages are elevating Brent crude prices. In an interview to CNBC-TV18, Bill O'Neill, the founder of Logic Advisers gives his short-term outlook on crude.

Is there credit growth at all?

A close look at the latest figures put out by the Reserve Bank of India (RBI) shows that credit growth was largely due to borrowing by the oil marketing companies (OMCs). If this borrowing comes down, credit growth can even become negative.

Brent falls as euro zone woes, dollar pressure

Brent crude prices fell on Friday in choppy trading as Europe's debt problems helped the dollar index rebound, extending oil's decline a second day after consuming nations announced they were tapping strategic reserves.

Libya unrest keeps oil market on edge; stocks up

Crude oil prices held near two-and-half year peaks on Thursday as worries about supply disruption persisted given ongoing unrest in Libya, but upbeat US economic news and a firmer Wall Street helped Asian stocks post modest gains.

SpiceJet safe bet in current aviation collapse: Fortune Fin

In an exclusive interview with CNBC-TV18’s Latha Venkatesh and Soniya Shenoy, Mahantesh Sabarad of Fortune Finance who tracks the aviation space, gives his outlook on the possible fall in profitability for the aviation sector at the back of soaring brent crude prices.

Brent crude at 27-mth high near $98 on disruption concerns

Brent crude prices stayed near USD 98 on Wednesday, the highest level since October 2008, as production shutdowns in Norway and Alaska raised expectations of an accelerated tightening of supplies in Atlantic basin, Middle East and Asia-Pacific oil markets.