#crude oil
articles
Trump Claims Majority U.S. Control of 65 Billion Barrels of Venezuelan Oil
The White House says a deal with Venezuela's interim government gives U.S. companies access to vast reserves at no taxpa...
US Diesel Prices Jump 19.7 Cents to $5.454, Highest Since May
The national average diesel price hit $5.454 per gallon after a 19.7-cent weekly jump, adding fuel-surcharge pressure as...
Oil Prices Rise Over 1% as US Threatens Open-Ended Iran Naval Blockade
Crude extends weekly gains above 5% after Washington signals unprecedented economic isolation measures and revives suppl...
Nifty Closes Range-Bound at 24,583; Crude and Rupee Keep Traders on Edge
A late auction recovery lifted Nifty 13 points to 24,583, but elevated crude and a weaker rupee cap upside. Technical an...
Oil Slides as OPEC and IEA Slash Demand Outlook, US Inventories Jump
Brent and WTI futures drop after OPEC cuts 2026 demand growth to 580,000 bpd and the IEA warns of a possible 1.6m bpd co...
U.S. Strategic Oil Reserve Drops Below 300 Million Barrels for First Time in Over 40 Years
America’s emergency crude stockpile has fallen to 298.7 million barrels after massive releases ordered during the Iran c...
Oil Prices Surge Nearly 5% as Hormuz Opening Hopes Collapse Under Iran-US Demands
Brent and WTI crude jump more than 4 dollars a barrel after Iran ties any reopening of the Strait of Hormuz to lifting U...
Progress in Iran-Oman Talks to Reopen Strait of Hormuz; US to Lift Blockade as Oil Exports Set to Resume
An unnamed U.S. official says rapid progress between Tehran and Muscat could soon lead to reopening the strategic waterw...
U.S. Senate Approves Russia Energy Sanctions Bill, Tariffs on Oil Importers Await House
The Senate passed the Lindsey O. Graham Sanctioning Russia and Iran Act with broad bipartisan support, empowering the pr...
Ibex 35 Record Streak Hinges on US Payrolls as Oil Climbs
Spain's benchmark index nears a pivotal moment as the US releases monthly employment figures; a surprise could snap its ...
India Raises Windfall Tax on Fuel Exports, Diesel Duty Jumps to Rs 25.5 per Litre
The Indian government sharply increased export levies on diesel, petrol, and jet fuel, with diesel duty rising by Rs 10 ...
Hong Kong Stocks Stall Near 26,000 as Oil Slips Below $80 on Hormuz Report
Hong Kong's benchmark opened higher after a record US close but hit resistance at 26,000, while reported talks to reopen...
Asia's July Oil Imports Rebound but Remain Far Below Pre-Iran War Levels
Asia's July crude and fuel imports rebounded on a ceasefire tailwind but remain well below pre-war levels, with the reco...
ONGC Q1 Profit Falls 43% as HPCL Refining Losses Offset Crude Price Windfall
ONGC's consolidated Q1 FY27 profit fell 43% to ₹6,554 crore as HPCL's ₹12,265 crore refining loss offset a standalone pr...
India Bonds Post First Monthly Loss in Four Months as Oil, US Yields Bite
Indian government bonds ended July with their first monthly loss in four months as a 22% jump in crude and higher US Tre...
Crude Oil Falls as Strait of Hormuz Flows Pick Up, Monthly Rally of 20% Endures
Brent and WTI futures eased on Friday as tanker traffic through the Gulf chokepoint increased, but both benchmarks are s...
Rupee Won't Hit 100 Even at $105 Oil, Kotak Securities Says in Scenario Analysis
The brokerage’s head of equity research lays out how crude shocks would feed into India’s inflation, growth, and currenc...
Kuwait Petroleum Shifts to Delivered Crude Tender for Asia as Red Sea Peril Mounts
State-owned KPC offered a spot cargo of 55,000 tonnes of full-range crude on a delivered ex-ship basis, banning resale, ...
Rupee Surges to Three-Week High on RBI Intervention and Dollar Weakness
The Indian rupee rallied to 95.39 against the dollar, its strongest level in three weeks, as aggressive RBI dollar sales...
Oil Futures Dip After US Strikes Iran, But Diesel Crisis Fuels Price Fears
U.S. retaliation against Iran triggered a partial retreat in crude prices, but a global diesel shortage, refinery outage...
Fed, Big Tech, and Oil Converge to Test Fragile Market Confidence
A South Korean chip stock rout, the Fed's most uncertain meeting since 2018, and renewed Middle East strikes set a tense...
Oil Prices Slide $3 as US-Iran Talks Raise Hopes for Strait of Hormuz Reopening
Crude futures fell for a third session Tuesday, shedding $3 a barrel, as optimism over a potential US-Iran diplomatic th...
Rupee Rebounds to 95.76 on RBI Intervention and Crude Dip, Markets Eye Fed
The Indian rupee opened at a two-week high of 95.76 against the dollar as RBI selling and falling oil prices triggered s...
India’s Sensex Jumps 530 Points as Crude Oil Retreat and Iran Tensions Ease
A sharp Brent crude drop and Iran de-escalation triggered a 530-point Sensex rally on Monday. IndiGo and Tata Consumer l...
Oil Slumps 5% as Gulf Tensions Ease, Gold Rebounds on Easing Rate Fears
Crude oil fell sharply as a pause in hostilities near the Strait of Hormuz deflated the geopolitical risk premium, dragg...
MCX Gold, Silver Rally as Dollar Weakens; US Fed Decision Looms
Gold and silver futures climbed on India's MCX as a tumbling dollar and sliding crude oil prices, driven by a pause in U...
Oil Slides 7% as Iran Pledges to Halt Attacks If U.S. Truce Holds
Brent crude fell over 7% to a low of $90.9 a barrel after Iran told Reuters it would stop its own strikes as long as Was...
Gold Rallies, Ramco Tanks, and IT Earnings Shine: Markets Brace for Fed and BoE
Indian markets digest mixed signals as gold jumps on easing Middle East tensions, Ramco Systems plunges on a profit coll...
Shriram Finance Q1 Strength Meets Oil Price Headwind
Strong June-quarter numbers for the NBFC giant are overshadowed by rising fuel costs that could pinch its core commercia...
Crude Oil Slides 7% as US-Iran Strikes Pause, Brent Dips Below $90
Oil prices fell sharply in early Asian trading after the US and Iran halted attacks, with Brent briefly trading below $9...