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Searched Tag: crude oil
Asian stock markets surge; crude oil prices fall below $83 in early trade

Asian stock markets surge; crude oil prices fall below $83

June 15, 2026, 10:58 AM - 2 min read

While stock markets across Asia soared, the United States' Dow Jones was also trading higher. However, oil prices fell by 4.5 per cent to $83.40 per barrel.

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Crude oil prices fall as Trump calls off further strikes on Iran

Crude oil prices fall as Trump calls off further strikes on Iran

June 12, 2026, 09:00 AM - 2 min read

Brent crude futures dropped nearly $1.21, or 1.3 per cent, to $89.17 per barrel as of 00:42 GMT, while US West Texas Intermediate (WTI) crude fell $1.23, or 1.4 per cent, to $86.48 per barrel.

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Oil prices climb as Iran-Israel ceasefire remains fragile

Oil prices climb as Iran-Israel ceasefire remains fragile

June 9, 2026, 09:03 AM - 2 min read

Prices had earlier climbed close to $97 per barrel before easing to around $91 at the close of Monday’s trading session.

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Fuel, fertilizer supply stable despite West Asia crisis: Centre

Fuel, fertilizer supply stable despite West Asia crisis: Centre

June 8, 2026, 05:06 PM - 3 min read

Addressing an inter-ministerial media briefing in New Delhi, Additional Secretary in the Ministry of Petroleum and Natural Gas, Praveen Khanuja, stated that India has sufficient stocks of petroleum products and that the government has taken proactive measures to safeguard the nation’s energy security.

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Crude oil prices near $100 a barrel

Crude oil prices near $100 a barrel

June 8, 2026, 09:04 AM - 2 min read

The fresh escalations have dashed hopes for an end to the broader regional conflict and raised concerns about the possible disruption to crude shipments through the Strait of Hormuz.

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Crude oil prices steadied near $95 a barrel after Trump signalled progress in Iran talks, though regional tensions continued to threaten supply.

Crude oil prices steady near $95 a barrel

June 5, 2026, 09:28 AM - 2 min read

West Texas Intermediate (WTI) crude hovered below $93 a barrel during early trade.

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Crude oil, gold prices fall amid continued tensions in West Asia

Crude oil, gold prices fall amid continued tensions in West Asia

June 2, 2026, 09:02 AM - 2 min read

The US-based WTI crude oil prices were also trading 0.59 per cent lower at $91.61 per barrel as of 9:42 am (IST) on June 2, compared with $92.16 per barrel, according to exchange data.

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Asian markets and crude oil prices rise in early trade

Asian markets and crude oil prices rise in early trade

June 1, 2026, 08:44 AM - 2 min read

“Despite uncertainties, the acute risk phase for the global economy should be over if tankers can begin moving again,” Michael Feroli, head of US economics at JPMorgan, told reporters on Monday.

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Representational image.

Paint industry optimistic on growth despite crude volatility

May 31, 2026, 08:14 PM - 5 min read

Paint producers, which have already implemented several rounds of price hikes due to rising costs of crude oil-linked raw materials, remain cautious about future pricing decisions.

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Crude oil prices hit a six-week low as hopes of a US-Iran peace deal ease Strait of Hormuz tensions and calm energy markets.

Crude oil prices drop to $91 a barrel

May 31, 2026, 10:15 AM - 2 min read

Crude oil prices have particularly come down since earlier this week amid defused tensions in the Strait of Hormuz.

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Crude oil prices slipped as hopes of a US-Iran peace deal eased supply fears, while gold and silver gained amid renewed geopolitical tensions.

Crude oil prices slip as hopes rise for Iran-US peace deal

May 29, 2026, 09:41 AM - 2 min read

Commodity markets traded mixed as investors maintained a cautious approach while closely monitoring ongoing geopolitical developments, currency movements, and changes in global demand and supply.

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Crude oil prices surged and Asian markets fell after fresh Iran-US clashes disrupted shipping through the Strait of Hormuz.

Crude oil prices bounce back as Asian stocks slump

May 28, 2026, 11:05 AM - 3 min read

Brent crude, the main international benchmark, rose by 1.8 per cent in Thursday morning trade to $95.95 a barrel, while the main US contract, WTI, increased by 1.7 per cent to $90.17.

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