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May 26, 2026, 09:51 AM - 2 min read
The skirmishes have raised fresh uncertainty in global oil markets that had begun pricing in a possible easing of tensions between the two sides.
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May 25, 2026, 06:20 PM - 3 min read
Market sentiment was further strengthened by the rupee’s appreciation against the US dollar and heavy buying in banking and financial sector stocks, according to traders.
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May 22, 2026, 09:33 AM - 2 min read
Brent crude oil rose by $2.38, or 2.3 per cent, reaching $104.96 per barrel as of 00:34 GMT on Friday, while US West Texas Intermediate (WTI) crude rose by $1.73, or 1.8 per cent, to settle at $98.08 per barrel.
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May 17, 2026, 09:32 AM - 2 min read
Brent crude futures for June rose to $109.26 a barrel, gaining $3.54 or 3.35 per cent on Friday, while US West Texas Intermediate (WTI) crude ended at $105.42 a barrel, up $4.25 or 4.2 per cent.
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May 15, 2026, 09:53 AM - 2 min read
The international benchmark Brent crude futures for July gained 1.49 per cent to $107.30 per barrel, while US West Texas Intermediate (WTI) futures for June jumped 1.55 per cent to $102.74 per barrel.
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May 14, 2026, 09:24 AM - 2 min read
Hong Kong’s Hang Seng fell 0.3 per cent to 26,319.93, while the Shanghai Composite index rose 0.9 per cent to 4,219.13, supported by better-than-expected export data and a rise in factory gate prices.
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May 10, 2026, 04:33 PM - 4 min read
OMCs are absorbing ₹1.6–1.7k crore daily losses to shield fuel prices, with under-recoveries crossing ₹1 lakh crore in 10 weeks.
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May 9, 2026, 09:26 AM - 2 min read
US energy services company Baker Hughes stated in its closely watched report that US energy enterprises increased the oil and natural gas rig count for the third consecutive week since February.
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May 8, 2026, 09:11 AM - 3 min read
WTI crude futures were trading at US$95.85 earlier in the session, up 1.10 per barrel, with prices moving within a day’s range of US$95.57 to US$98.02. Brent crude futures were quoted at US$101.42, despite showing some intraday volatility.
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May 7, 2026, 09:05 AM - 2 min read
Crude oil had dropped below $100 a barrel on Wednesday after climbing to a record high of $126 earlier this week for a brief period.
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May 4, 2026, 04:42 PM - 6 min read
Abu Dhabi is prioritising own production goals and strategic ties with US and Israel. This signals a broader Gulf realignment after the Iran war.
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May 3, 2026, 10:00 AM - 2 min read
"Pumping will soon collapse GASOLINE SHORTAGES IN IRAN NEXT!” he said. While Iran is facing severe difficulties, neighbouring countries, including the UAE, Bahrain, and Kuwait, are also feeling the impact.
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