Oil Prices

Crude-sensitive stocks: Oil prices increased on Friday, with Brent Crude futures rising nearly 0.3 percent to stand at around $67.85 per barrel. WTI Crude futures meanwhile rose 0.33 percent to hover near the $64 per barrel-mark.

Trump Pushes 10-Day Deadline on Russia, Oil Sanctions May Hit India and China | N18G

U.S. President Donald Trump has shortened Moscow's timeline from 50 days to just 10 to show progress on ending the war in Ukraine. If Russia fails to comply, Washington will impose fresh tariffs and sanctions. This sharp ultimatum is sending ripples across global energy markets. Russia exports over 7 million barrels of crude and refined fuels daily. Any curbs could trigger price surges, affect supply chains, and escalate global tensions. India and China, major buyers of Russian oil, are now in Washington’s crosshairs as the U.S. warns of secondary sanctions. Former Russian President Dmitry Medvedev slammed Trump's approach, calling it reckless. Meanwhile, OPEC+ producers might step in, but analysts warn even their spare capacity may not be enough to cushion the blow. Watch Shivani Singh's report for a full breakdown of what Trump’s 10-day deadline could mean for markets, diplomacy, and global energy flows. Subscribe to Moneycontrol for the latest international updates.

Crude prices likely to remain bearish on limited oil supply impact despite fresh EU sanctions: Experts

Energy experts believe crude oil prices would not rise beyond $70- $72 per barrel despite the latest European Union sanctions on Russian oil over expectations of undisrupted supply from the country

India's decision to buy Russian oil helped prevent rise in crude prices in 2022 Ukraine war: Hardeep Singh Puri

If India had only relied on Middle Eastern countries for oil, prices would've skyrocketed to $130 per barrel, said the union minister

Crude may fall below $60 by December; India demand to stay robust: S&P Global

Crude is expected to slide in the $55-$60 range on muted demand, Premasish Das, Executive Director of S&P Global Commodity Insights, has said

Current 4% inflation targeting framework should be retained: Sanjeev Sanyal

Instead of revising the target band, Sanyal calls for modernising the Consumer Price Index basket and base year to reflect current consumption trends more accurately.

Inside the trading desks that surfed 12 days of oil market mayhem

Oil traders are picking up the pieces from a 12-day rollercoaster ride that saw prices surging and tumbling in the most manic period of oil trading since Russia invaded Ukraine in 2022

Rising oil prices could hurt the business of these sectors and stocks the most

While stocks and sectors across the board have come under selling pressure, certain sectors – oil marketing companies, aviation, paints, tyres, automobiles, chemicals, and fertilizers among others – are likely to see a higher impact due to a higher correlation with oil prices.

Trump’s airstrikes on Iran leave oil market poised for surge

From frenzied options markets, to soaring freight and diesel pricing, to a radical redrawing of crude’s pivotal forward curve, all of that volatility is expected to intensify in the week ahead

Rupee opens 8 paise down at 86.18/USD as Middle East tensions grow

The conflict in the Middle East increased the prices on the crude oil posing risk to India's retail inflation

Iran-Israel conflict: Crude surge, threat to shipping lanes keeping oil refiners on the edge

Higher crude prices squeeze Indian oil refiners as they have largely kept retail fuel prices unchanged in the domestic market despite volatility in the international market.

OPEC+ agrees on third oil supply surge to deepen price slump

The hike follows equally sized increases scheduled for May and June, marking a clear break with years of efforts by the group to support global oil prices.

India-Pakistan tensions not to impact crude prices as supply chains are intact, say experts

India is the third-largest oil consumer in the world, with domestic demand of close to five million barrels a day. Pakistan’s oil consumption stands at over 500 thousand bpd

Oil prices take breather after prospect of increased supply triggered selloff

Brent crude futures gained 7 cents, or 0.1%, at $61.13 a barrel as at 0318 GMT. U.S. West Texas Intermediate crude futures were up 1 cent or 0.02%, at $58.22. WTI closed at its lowest since March 2021 on Wednesday.

Why fuel price cut looks unlikely despite crude trading below $70

India’s oil marketing companies (OMCs) might not be able to cut prices, despite sliding crude prices, as high LPG under-recovery, inventory losses and weak gross refining margins (GRMs) weigh on the firms’ margins.

Trade, crude, Hajj and Middle East: What’s likely on the table as PM Modi heads to Saudi Arabia

Prime Minister Modi will meet with Crown Prince Mohammed bin Salman to strengthen bilateral relations and discuss key regional and global issues, particularly the Middle East situation.

Oil falls to lowest since February 2021 as Trump's tariffs take effect

Brent futures dropped $1.39, or 2.21%, to $61.43 a barrel as of 0655 GMT. US

Russia sounds alarm as oil prices plummet after Trump tariffs and China’s retaliation

A global stock market rout deepened today and fears of recession rose after China retaliated against Trump's tariffs and Europe calibrated its response to the escalating trade war.

Oil plunge deepens on fears global trade war could trigger recession

Brent futures declined $2.28, or 3.5%, to $63.30 a barrel at 0049 GMT, while U.S. West Texas Intermediate crude futures lost $2.20, or 3.6%, to $59.79.

Oil tumbles as surprise OPEC+ hike, Trump tariffs depress prices

West Texas Intermediate futures plummeted 6.6% to settle below $67 a barrel, while global benchmark Brent dropped 6.4% to end the session near $70

Oil up on tighter supply risks; views mixed on Trump's auto tariff impact

On Wednesday, oil prices rose by around 1% on government data showing U.S. crude oil and fuel inventories fell last week, and on the U.S. threat of tariffs on nations buying Venezuelan crude.

Oil steadies after multi-day plunge but traders wary of tariff, supply impacts

Brent futures were trading up 42 cents, or 0.61%, at $69.72 a barrel by 0144 GMT, while U.S. West Texas Intermediate crude (WTI) were up 40 cents, or 0.6%, to $66.71 a barrel

Oil falls as market eyes OPEC+ output increase, US tariffs

Brent futures fell 24 cents, or 0.3%, to $70.80 a barrel at 0500 GMT. U.S. West Texas Intermediate (WTI) crude slipped 58 cents, or 0.9%, to $67.68 a barrel

With more oil flooding markets, energy prices likely to come down globally, says Hardeep Puri

Addressing a press conference, Puri expressed confidence that India has established contacts with the new US administration led by President Donald Trump.

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.