(Updates prices throughout, adds analyst quote and brent crude settlement) * Markets await central bank indications on the rate outlook * Euro rises against the dollar * Australian dollar rises after central bank rate hike * Dollar index falls for second straight session NEW YORK, March 17 (Reuters) – The US dollar was lower against…
US-Iran war: Oil prices saw a significant correction on Tuesday, March 10, after reaching their highest level in more than three years in the previous session, as US President Donald Trump suggested that the conflict in the Middle East could end soon, easing fears of prolonged disruptions to global crude supplies. Brent crude futures dropped…
Global energy markets face one of their gravest shocks in decades as joint US and Israeli strikes on Iran and Tehran’s retaliatory missile attacks across the Gulf disrupt oil exports from the world’s most important producing region. The scale of the disruption will likely be determined by the duration of the conflict, but for now…
Crude oil prices shoved near a six-month high on escalating US-Iran tensions, which have significantly influenced market sentiment. As of February 20, 2026, MCX crude oil futures for the March 2026 expiry were trading flat at ₹6,050 per barrel after early gains. Meanwhile, in the international market, Brent crude futures have increased by 33 cents,…
NEW YORK, Feb 16 (Reuters) – Oil prices edged up on Monday as investors weighed the market implications of upcoming US-Iran talks aimed at de-escalating tensions against a backdrop of expected OPEC supply increases. Brent crude futures settled 90 cents, or 1.33%, higher at $68.65 a barrel. US West Texas Intermediate crude was at $63.75…
Oil prices snapped their three-day rising streak, falling nearly 1% in the international markets on Thursday, February 5, after the US and Iran agreed to hold negotiation talks in Oman, easing fears of a possible military confrontation that could disrupt supplies from the key Middle East oil-producing region. Brent crude futures slipped 1.4% to $68.47…
Oil prices slid about 4% on Monday, February 2, after US President Donald Trump said over the weekend that Iran was seriously talking” with Washington. The comments eased fears of an escalation involving the OPEC member, after earlier concerns over a possible military strike had pushed prices to multi-month highs. Brent crude futures fell $2.81,…
Crude oil prices declined on Friday, extending losses from the previous session, as worries over supply disruptions eased with the reduced likelihood of a US strike on Iran. Brent crude slipped 21 cents, or 0.3%, to $63.55 a barrel, while US West Texas Intermediate fell 15 cents, or 0.3%, to $59.04 a barrel. Meanwhile, back…
Crude oil prices edged lower on Wednesday after four straight sessions of gains, pressured by Venezuela restarting exports and a build-up in US crude and fuel inventories. However, concerns over potential Iranian supply disruptions amid deadly civil unrest continued to support prices. On the Multi Commodity Exchange, February crude oil contracts eased by ₹22, or…
Indian paint stocks, including Asian Paints, Berger Paints, and Shalimar Paints, traded lower in Wednesday’s session (January 14), reflecting weak broader market momentum as crude oil prices extended gains to a fourth consecutive session. Rising crude oil prices are a concern for India, which imports around 85% of its crude requirements. Sectors that rely on…
