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Searched Tag: crude oil
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West Asia conflict: Crude oil futures rebound over 3 pc

July 29, 2026, 03:10 PM - 4 min read

The rebound came after three consecutive sessions of losses, with investors shifting their focus from recent easing in geopolitical risks to the possibility of renewed instability affecting energy markets.

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West Asia crisis: Sensex drops 364 points

July 23, 2026, 04:04 PM - 5 min read

The BSE Sensex declined 363.66 points, or 0.47 per cent, to close at 76,391.39, while the NSE Nifty50 fell 126.65 points, or 0.53 per cent, to settle at 23,869.60.

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Geopolitical tensions: Brent crude at USD 94

July 22, 2026, 06:09 PM - 5 min read

The recent surge has been driven largely by heightened geopolitical uncertainty in West Asia, with investors closely watching developments that could affect oil production and shipping routes in one of the world's most important energy-producing regions.

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Crude oil price back to $85 a barrel amid escalating crisis

July 16, 2026, 09:46 AM - 2 min read

Brent crude futures rose 33 cents, or 0.4 per cent, to US$85.28 per barrel, while US West Texas Intermediate (WTI) crude gained 42 cents, or 0.5 per cent, to US$80.02 per barrel.

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Crude oil demand to reduce in 2026 after 6 years: Report

Crude oil demand to reduce in 2026 after 6 years: Report

July 11, 2026, 10:51 AM - 2 min read

The drop is expected to amount to around 1 million barrels per day in 2026, owing to higher prices and supply disruptions triggered by the US-Iran war, the report from the agency said on Saturday.

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Crude oil prices ease as US-Iran tensions show signs of easing

Crude oil prices ease as US-Iran tensions show signs of easing

July 10, 2026, 11:22 AM - 2 min read

The ongoing conflict in Iran has delayed the complete reopening of the Strait of Hormuz, a critical passage for more than 20 per cent of global oil trade. Further disruption to the waterway could tighten global energy supplies.

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Crude oil prices touch $80 a barrel in early trade amid US-Iran military exchanges

Crude oil prices touch $80 a barrel in early trade

July 9, 2026, 09:16 AM - 2 min read

Oil prices are expected to gain momentum in the coming days, as both Iran and the United States announced fresh restrictions and a naval blockade in the Strait of Hormuz.

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Brent crude stayed below $72 a barrel as easing US-Iran tensions, stronger Saudi exports and steady Hormuz flows eased supply concerns.

Crude oil hovers around $72 a barrel

July 3, 2026, 09:09 AM - 2 min read

This is the first time that prices have stayed below $72 a barrel for a week since the war broke out on February 28.

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 Union Petroleum and Natural Gas Minister Hardeep Singh Puri.

Petrol, diesel price cut possible in future: Puri

July 2, 2026, 07:04 PM - 3 min read

The minister said that if lower international crude prices are sustained for the next two to three months, oil marketing companies would have greater flexibility to consider reducing petrol and diesel prices.

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Crude oil prices fall back to pre-war levels

July 2, 2026, 09:07 AM - 2 min read

Brent Oil Futures for August delivery had yet to begin trading. Senior US officials said that negotiations with Iran were progressing well, although discussions are in the early stages. This reduced fears of immediate escalation that could disrupt crude exports from the Gulf.

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Crude oil prices jump to $72 a barrel in early trade

Crude oil prices jump to $72 a barrel in early trade

June 29, 2026, 10:28 AM - 2 min read

The gains were modest, but the direction was critical for import-dependent countries like India, Japan and South Korea, which primarily rely on supplies coming through the Strait of Hormuz.

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Crude oil prices climb 4 pc, Asian markets open flat in early trade

Crude oil prices climb 4 pc, Asian markets open flat

June 26, 2026, 09:06 AM - 2 min read

According to the latest market data, crude prices rose nearly 4% on Thursday after the International Maritime Organization stopped its evacuation efforts in the critical waterway.

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