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OIL PRICES LOWER
Citi sees brent crude sliding to $60/bbl as supply fears easeGeopolitical tensions easing around the Strait of Hormuz are expected to drive Brent crude prices down to $60 a barrel by year-end, accordi...03 Jul, 2026, 02.36 PM IST- World food prices ease for second month in June, UN's FAO saysIn June, global food prices experienced a slight reduction, as reported by the FAO of the UN. The decline was mainly fueled by decreasing p...03 Jul, 2026, 01.38 PM IST
- India not exporting fuel directly to Russia, any supplies are trader-led: PuriIndia's Oil Minister, Hardeep Singh Puri, has stated that Indian companies are not directly supplying refined fuels to Russia. While report...02 Jul, 2026, 08.02 PM IST
- India bonds surge on Bloomberg index hopes, oil-led inflation reliefIndian government bonds surged Thursday, fueled by strong foreign investment and easing inflation worries stemming from lower oil prices. H...02 Jul, 2026, 05.44 PM IST
- Sensex jumps 580 points, Nifty closes above 24,150 as IT stocks outperform; oil prices near $70/barrelIndian equity benchmarks rallied over 0.7% as easing crude oil prices, lower market volatility, and gains in IT stocks lifted sentiment. An...02 Jul, 2026, 03.53 PM IST
- India's June palm oil imports fall to 14-month low as demand softens, dealers sayIndia's palm oil imports plunged to a 14-month low in June, driven by weak consumer demand and a shrinking price advantage over rival oils....02 Jul, 2026, 02.59 PM IST
- LPG Cylinder Price: Commercial LPG down Rs 183.50 from July 1, first cut in 2026LPG Price Cut: Commercial LPG cylinder prices have seen a significant reduction of Rs 183.50, effective July 1, 2026. This marks the first ...02 Jul, 2026, 12.17 PM IST
- Foreign inflows, lower oil prices help Indian bond traders look past US Treasury selloffIndian government bonds saw gains early Thursday, defying a rise in U.S. Treasury yields. This positive movement was fueled by falling oil ...02 Jul, 2026, 11.25 AM IST
- Petrol, diesel price today: Have state-run OMCs cut fuel prices after Nayara Energy's rate slash? Check latest ratesNayara Energy, India's largest private fuel retailer, has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre nationwide. This marks...02 Jul, 2026, 08.10 AM IST
- Gold extends gains on weak jobs data, lower oil pricesGold prices climbed on Thursday, reaching a one-week high, buoyed by weaker-than-expected U.S. jobs data and a dip in oil prices. Investors...02 Jul, 2026, 07.13 AM IST
- Why are oil prices down today, and will Brent futures and US WTI crude prices continue to fall or rise again? Iran-US talks, Strait of Hormuz recovery and US inventory data keep crude market under focusOil prices declined as investors watched Iran-US talks, the recovery of shipping through the Strait of Hormuz, and upcoming US inventory da...01 Jul, 2026, 05.56 PM IST
- India's economic plot twist comes with one villain stepping aside, another waitingIndia's economic outlook has improved as falling crude oil prices ease inflation, strengthen the balance of payments and prompt economists ...01 Jul, 2026, 02.37 PM IST
- Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...01 Jul, 2026, 10.04 AM IST
- Petrol, Diesel prices cut on July 1: Check latest fuel rates in Delhi, Mumbai, Chennai, Kolkata, Bengaluru and other citiesNayara Energy has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre, attributing the move to easing international crude oil costs....01 Jul, 2026, 08.10 AM IST
- Nayara Energy cuts petrol price by Rs 5, diesel by Rs 3 amid softening oil pricesNayara Energy has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre nationwide, marking the first reduction in over two years. Thi...01 Jul, 2026, 07.57 AM IST
- India cuts windfall tax on diesel, raises petrol tax from JulyIndia has adjusted its windfall taxes on fuel exports, slashing duties on diesel and aviation fuel while increasing the tax on petrol expor...30 Jun, 2026, 09.29 PM IST
- Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil market reacts to US-Iran talks, Strait of Hormuz developments and supply outlookOil prices posted gains during Tuesday's trading, but both Brent and US WTI crude futures remained on course for their biggest quarterly de...30 Jun, 2026, 09.27 PM IST
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