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 ...
Brent crude tops $80 per barrel as Hormuz talks, tanker attacks keep supply risks highOil prices climbed as investors tracked Iran-Oman shipping talks and fresh attacks on Saudi oil tankers, raising supply concerns. Brent top...
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...
US crude inventories rise as refinery runs ease and imports climb, EIA saysUnited States crude oil stocks increased by 2.5 million barrels last week. Refinery processing eased slightly, and crude imports saw a mode...
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...
Oil steadies after two-day slump as investors eye Hormuz trafficOil prices experienced a slight stabilization as market participants keenly observed developments regarding the U.S.-Iran conflict. Recent ...
Rupee remains stable at 95.37 ahead of RBI policy outcomeThe Indian rupee closed nearly unchanged on Tuesday, trading within a narrow band. Importer hedging demand and FPI inflows supported the cu...
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...