Category : Search result: Brent crude price


OMC Stocks Rally on Falling Crude Prices

Shares of state-run oil marketing companies BPCL, HPCL, and IOC surged up to 4% on Friday, rebounding from recent losses as easing Middle East tensions triggered a sharp drop in global crude oil prices.

Oil Prices Fall on Easing Iran Strike Fears, Supply Concerns

Crude oil prices declined on Friday, extending losses from Thursday's sharp drop. The easing of geopolitical tensions between the U.S. and Iran, along with rising U.S. stockpiles, contributed to the downward pressure on global benchmarks.

Dubai Gold Price Hits Record High of Dh550 per Gram

Dubai's gold price reached a historic peak on January 12, 2026, with 24K gold crossing Dh550 per gram. Discover the global factors driving this surge and why Dubai remains cheaper than India.

US Needs Venezuela's Heavy Crude Despite Being Top Producer

The US, the world's largest oil producer, still relies on imports of heavy sour crude. Discover why Venezuelan oil is key to American refineries and the complex geopolitics shaping this energy dependence. Read the full analysis.

Rupee falls 7 paise to 89.97 against US dollar

The Indian rupee depreciated to 89.97 against the US dollar amid foreign fund selling and rising crude oil prices. Sensex and Nifty also declined. Read the full analysis.

Indian Oil Price Drops Below $60/Barrel

India's crude oil import cost averages $59.92/barrel in January. Analysts predict further fall to $53.31 by March, easing the nation's import bill. Read the full analysis.

Oil falls on Venezuela supply hopes, Brent at $61.62

Oil prices declined as markets anticipate increased Venezuelan crude output post-US action. Analysts see potential for 500,000 bpd rise, but global demand and OPEC remain key. Read for price outlook.

SBI Sees Oil at $50/Barrel by 2026, Impact on India

A new SBI Research report forecasts a significant decline in global crude oil prices to around $50 per barrel by mid-2026. Discover the key drivers and what this means for India's economy and inflation.

SBI: Oil Price Could Hit $50/Barrel by 2026, Easing Inflation

SBI Research predicts a sharp fall in crude oil prices to $50 per barrel by mid-2026, driven by inventory buildup. This significant softening is expected to positively impact India's inflation and economic growth. Read the full analysis.

Venezuela Oil Revival to Benefit India's Refineries

US intervention in Venezuela could unlock discounted heavy crude for India's complex refineries, offering diversification amid pressure on Russian oil imports. Experts see medium-term gains.

Why Venezuela Shock Lifts Gold, Not Crude Oil

US military action in Venezuela revives geopolitical fears, boosting gold as a safe haven while oil prices stay muted. Experts explain the shift in global reserve strategy.

Markets Rally After U.S. Action in Venezuela; Oil Dips

Asian markets, led by Japan and South Korea, opened 2026 strongly following the U.S. operation in Venezuela. Defense stocks soared, while oil prices reacted. Get the full analysis of the global market impact.

Venezuela Conflict to Spike Oil Prices, India Unscathed

US military action in Venezuela is expected to trigger a surge in crude oil and commodity prices due to geopolitical tensions. However, India's minimal trade ties mean limited economic impact. Read expert analysis.

Venezuela's Oil Shift: Winners & Losers After Maduro

The capture of Venezuela's Maduro reshapes global oil flows. U.S. Gulf Coast refiners stand to gain from renewed heavy crude access, while Canadian producers face long-term competition. Full analysis inside.

Russian oil discount to India jumps to $8 a barrel

Russian crude suppliers now offer Indian refiners discounts up to $8 per barrel, doubling since October. This could lower India's import bill as global oil prices hover around $60. Read more.

Oil Rises on Geopolitical Risks After Steep 2025 Decline

Crude oil prices saw a slight increase on the first trading day of 2026, following their sharpest annual fall since 2020. The uptick is driven by renewed geopolitical tensions, including Ukrainian drone strikes on Russian oil facilities and fresh US sanct

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