Brent Crude

Last week, Brent and WTI registered their biggest weekly gains since June, after Trump imposed Ukraine-related sanctions on Russia for the first time in his second term, targeting oil companies Lukoil and Rosneft.

Oil maintains gains ahead of Trump-Putin summit

A continued conflict between Russia and Ukraine supports oil markets by limiting the supply of Russian oil.

Oil prices rise in choppy session as investors weigh US strikes on Iran

Since the conflict began on June 13, oil prices have been climbing amid fears that Iran could retaliate by disrupting the Strait of Hormuz — a vital shipping route through which about 20% of the world’s crude oil passes

Paint, OMC stocks hold firm despite Brent nearing $77 on Day 6 of Middle-East conflict

Despite Brent crude rising nearly 5 percent to its highest level since February, stocks sensitive to oil prices — from refiners to paint makers — held firm in early trade as markets weighed the broader impact of the ongoing Middle East tensions

Oil slides to four-year low on hit from Trump tariffs and OPEC supply

Fuelling the oil sell-off was a decision by the Organization of the Petroleum Exporting Countries and its allies, known collectively as OPEC+, to advance plans for output increase

Rupee opens 4 paise up amid fall in dollar index, crude prices

The dollar index has eased over concerns about slowing growth and the fallout of Trump's tariffs on the US economy 

Brent hits 6-month low on OPEC+ output increase, US tariffs, pause in Ukraine aid

The bank also said higher-than-expected crude supply and a demand squeeze from softer U.S. economic activity and tariff escalation posed downside risks to oil price forecasts.

Oil prices ease after report of US crude inventories rise

Brent futures were down 22 cents, or 0.29%, at $75.82 a barrel by 0135 GMT.

Oil prices retreat after report of U.S. crude stockpile rise

Brent futures fell 36 cents, or 0.47%, to $76.64 a barrel by 0130 GMT, while U.S. West Texas Intermediate (WTI) crude declined 37 cents, or 0.5%, to $72.95 a barrel.

Oil prices rise amid US tariff threat but still set for weekly loss

Brent crude futures for March, which expires on Friday, gained 38 cents at $77.25 a barrel at 0110 GMT. The more-active April contract was at $76.23 a barrel, up 34 cents.

Oil prices extend losses on uncertainty over Trump tariff impact

Brent crude futures fell 23 cents, or 0.3%, to $78.79 a barrel at 0135 GMT, while U.S. West Texas Intermediate crude (WTI) eased 18 cents, or 0.2%, to $75.26.

Crude sensitive stocks slump as Brent oil prices surge past $81; HPCL, IndiGo, BPCL slip upto 6%

Brent crude prices hit a three month high amid expectations that recent US sanctions on Russian oil producers will disrupt Russian crude supplies to major importers--China and India.

Oil heads for weekly loss as Chinese demand continues to underperform

Brent crude futures were down 65 cents, or 0.9%, at $71.91 a barrel by 0450 GMT. U.S. West Texas Intermediate crude futures were down 62 cents, or 0.9%, at $68.08.

A Trump victory expected to have bearish impact on oil market: Experts

Trump at the helm could translate into freer movement of Russian oil globally, weighing on already declining crude oil prices. The crude oil production from the US is also expected to pick up with Trump winning the Presidency.

Crude extends drop with Brent near $74 as concerns ease, demand outlook falls

With this fall, oil prices are down about $5 so far this week, almost wiping out the rise seen over concerns that Israel could strike Iran's oil facilities in retaliation to its recent missile attack.

Brent rises above $80 on Middle East tensions

The rising oil price and concerns about the Middle East put an end to a recent rally on world stock markets.

Resilient Indian economy needs no urgent action on crude price rally, says govt official

Brent crude hovered on $78 a barrel in early trade on October 4, clocking its biggest one-day rise in almost a year

Oil soars after Iran launches rockets at Israel in direct attack

Global benchmark Brent climbed near $75 a barrel, while West Texas Intermediate rose more than 5% to top $71 a barrel, reversing earlier losses

Oil prices hit a three-week low as prospect of additional supply offset Mideast fears

The global crude benchmark plunged almost 17% last quarter, and is now lower year-to-date.

Oil extends gains on US output concerns, expected drop in stockpiles

Brent crude futures for November rose 16 cents, or 0.2% at $72.91 a barrel at 0120 GMT. U.S. crude futures for October climbed 34 cents, or 0.5%, at $70.43 a barrel.

Falling oil prices fuel gains for paint and tyre stocks

Oil marketing companies (OMCs), including HPCL, BPCL, and IOCL, which had initially been trading positively, gave in to profit booking, with shares slipping by nearly 2 percent.

Upstream oil majors drop as much as 5% after Brent crude slips below $70

Brent crude prices dipped below $70 per barrel overnight for the first time since December 2021, as worries about sluggish demand, slowing economic growth, and the increasing shift towards electric vehicles weighed on the sentiment.

Brent oil tumbles below $70 as oversupply fears deepen rout

Downbeat economic data from China and the US has stirred fears about oil demand in the top two consumers, adding to concerns that a surplus will emerge next year

Upstream PSU oil majors weak on bearish forecasts, supply disruption

The head of oil at Trafigura Group — a leading trader in the commodity — Ben Luckock has said that he sees Brent prices slipping into the $60-70 range 'relatively soon', adding to the selloff in the commodity prices.

JK Tyre, MRF, other tyre stocks gain on hopes of margin boost as crude prices fall

Brent crude is a major source of synthetic rubber and other petrochemical products used in tyre manufacturing. As crude prices drop, the cost of these raw materials also decreases, reducing production costs for tyre companies.