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BRENT CRUDE OIL
Oil Price Today (August 11): Crude oil rises to $88 after Trump's compensation demand dents Hormuz opening. Here's whyBrent crude futures were flat at $88 a barrel or 0.35%, while US West Texas Intermediate crude futures stood at $83.50, up 0.40% a barrel. ...
Oil Price Today (August 10): Crude oil rises to $85 amid Hormuz worries as attacks continue. What are experts saying?Oil prices climbed Monday as Strait of Hormuz reopening remained uncertain. Iran stated a deal with Oman was nearing completion for new shi...
India's crude oil import bill rises 26% to $49 billion in Q1 FY27 despite 18% fall in volumesIndia's crude oil import bill rose significantly in early 2026-27. Higher global oil prices and supply disruptions increased costs for refi...
Rupee steady as oil firms buy dollarsThe Indian rupee showed minimal movement against the dollar on Friday, closing nearly unchanged. Oil companies actively bought dollars to r...
Oil Price Today (August 7): Crude oil rises above $83 as Strait of Hormuz deadlock continues. Here’s whyOil prices climbed for a second session on Friday due to renewed Hormuz Strait concerns. Iran proposed restricting hostile vessels and impo...
Oil rises on concerns over Strait of Hormuz reopening plansOil prices experienced a significant uptick on Friday, fueled by fears surrounding the critical Strait of Hormuz. Iran and Oman are contemp...
Indian rupee weakens slightly against dollar amid importer demand, oil prices coolThe Indian rupee weakened slightly against the dollar on Thursday as importers continued to push for dollar purchases. Although oil prices ...
Indian rupee slips on importer bids, far forward premiums ease to one-month lowOn Thursday, the Indian rupee ended slightly lower against the dollar, impacted by continuous demand from importers hedging their positions...
Oil Price Today (August 6): Crude oil dips below $80 on hopes Iran-Oman deal could end Iran war. What are experts saying?Oil prices experienced a minor decline on Thursday amid advancing negotiations. Market watchers are closely monitoring the prospective US-I...
Rupee gains 26 paise to close at 95.11 against the US dollarThe Indian rupee gained twenty-six paise on Wednesday, ending the session at ninety-five point eleven per dollar. This positive movement wa...
Indian refiners buy Middle East and West African crude, sources sayIndian refiners have stepped up crude oil purchases, with Mangalore Refinery and Petrochemicals buying 1 million barrels of Oman crude thro...
Rupee sails past 95 to one-month high, premiums drop before RBI decisionThe Indian rupee hit a peak not seen in a month this Wednesday, thanks to lower oil prices and a dip in the U.S. dollar value. As forward p...
Oil Price Today (August 5): Crude dips for 3rd session amid hopes of a short-term war deal. What's next?Oil prices dipped again on Wednesday following as discussions aimed at reopening the Strait of Hormuz progressed. Traders are keenly watchi...
Global Market: Goldman Sachs sees Brent crude trading at $80-$90 until Iran conflict outlook clearsGoldman Sachs forecasts Brent crude prices between $80 and $90 per barrel. This range persists until clarity emerges on US-Iran nuclear tal...
Oil Price Today (August 4): Crude oil nears $85 as peace talks uncertainty loom after fresh attacks. What are experts saying?Oil prices saw a slight increase on Tuesday after significant Monday losses. Supply risks in the Middle East resurfaced as diplomatic hopes...
Oil Price Today (August 3): Crude oil crashes 5% below $84 as Trump delays attack on Iran. What are experts saying?Brent crude futures fell $4.37, or 5%, to $83.56 a barrel, while U.S. West Texas Intermediate crude declined $4.63, or 5.5%, to $80 a barre...
Oil prices surge 20% in July as US-Iran war heightens Strait of Hormuz tensionsOil prices saw volatility last week but are set for significant monthly gains. Escalating United States-Iran tensions and Houthi attacks ar...