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MIDDLE EAST OIL SUPPLY
US oil prices crash below $90 as JD Vance blames Iran War for GOP election loss: WTI falls to $88.92, Brent drops to $94.82, but will gas prices follow?Why did oil price crash below $90 today? US oil prices fell sharply after midterm election results indicated Democratic control of Congress...04 Nov, 2026, 11.19 PM IST- US to loan about a third of heating oil reserve in bid to tame pricesThe US Energy Department will loan 300,000 barrels of fuel oil from its emergency heating reserve to four companies to ease supply pressure...04 Nov, 2026, 10.05 PM IST
- MRPL boosts delivered oil buying as Iran war raises shipping risksMangalore Refinery and Petrochemicals Ltd plans to increase crude oil purchases on a delivered basis. This strategy aims to reduce shipping...04 Nov, 2026, 02.27 PM IST
- Oil Price Today (November 4): Crude oil falls below $104 ahead of US midterm elections outcome. What are analysts saying?Crude oil price : Oil prices experienced a slight dip on Wednesday as traders kept a close eye on the US midterm elections. Brent crude fut...04 Nov, 2026, 07.57 AM IST
- IndiGo, Indian Oil and other crude-sensitive stocks rally up to 4% as oil dips below $105/bbl. Where are prices headed?Crude-sensitive stocks such as IndiGo, BPCL, HPCL and Indian Oil rallied up to 4% as oil prices declined for a second consecutive session a...03 Nov, 2026, 10.25 AM IST
- Oil Price Today (November 3): Crude oil rebounds to $105 as fresh attacks outweigh peace talks. What are experts saying?Crude oil price : Oil prices experienced a slight increase following reports of a US strike on Iran's Qeshm Island. Concerns have risen reg...03 Nov, 2026, 08.27 AM IST
- Oil rises after report of US strike on Iran's Qeshm IslandOil prices have surged in reaction to reports of a US strike on Iran's Qeshm Island, sparking fears of significant supply interruptions. Pr...03 Nov, 2026, 07.37 AM IST
- Goldman Sachs raises oil price forecasts, warns Brent could hit $140 in 2027Goldman Sachs raised its oil price forecasts amid mounting geopolitical risks and potential Gulf supply disruptions. The bank warned Brent ...02 Nov, 2026, 09.57 AM IST
- Can Nifty, Sensex extend gains after rallying up to 2% last week? 4 factors to watch on MondayIndian benchmark indices Sensex and Nifty ended the week higher, gaining up to 0.5%, even as broader markets declined amid rising crude oil...01 Nov, 2026, 01.03 PM IST
- Middle East war helps lift Reliance’s oil-to-chemicals earnings to an all-time highReliance Industries' oil-to-chemicals sector reported record earnings due to soaring global fuel prices. The firm credited this success to ...30 Oct, 2026, 09.06 PM IST
- Reliance looks to Latin America, North America and the Mediterranean as Middle East oil disruptions put supply chains under pressureIn response to global energy market turmoil, Reliance Industries revamped its crude oil sourcing strategy for the July-September quarter. T...30 Oct, 2026, 08.34 PM IST
- High freight rates narrow Indian refiners’ crude oil choices, squeeze marginsWith freight rates reaching unprecedented levels, Indian refiners are facing escalating crude oil expenses that are eroding their margins. ...29 Oct, 2026, 12.04 AM IST
- World Bank sees commodity prices surging 23% in 2026 on Middle East warCommodity prices were projected to rise 23% in 2026 as the Middle East war disrupted energy supplies and shipping, while grain disruptions ...28 Oct, 2026, 11.05 PM IST
- Oil Price Today (October 28): Crude oil at $116 as Saudi Arabian refinery comes under attack $120 in sight?Crude oil price : Oil prices have risen due to an attack on Saudi Arabia's largest oil refinery by Yemen's Houthis. Concerns regarding supp...28 Oct, 2026, 07.52 AM IST
- Oil eases on Middle East diplomacy hopes, Saudi attacks keep supply worries aliveOil prices took a slight dip as Saudi Arabia, Turkey, Pakistan, and Iran engage in diplomatic discussions aimed at quelling tensions. Howev...27 Oct, 2026, 07.35 AM IST
- Oil eases on Middle East diplomacy hopes, Saudi attacks keep supply worries aliveOil prices edged lower on Tuesday as diplomatic efforts to ease the US-Israeli war on Iran raised hopes of a resolution and eased supply co...27 Oct, 2026, 06.37 AM IST
- Oil rises on Middle East supply worriesOil prices are climbing amid increasing supply worries in the Middle East. Ongoing attacks on maritime vessels beyond the Strait of Hormuz ...21 Oct, 2026, 07.35 AM IST
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