Crude oil prices resumed their upward trajectory in Thursday’s trade (26 March) as traders grew increasingly skeptical about the prospects of a ceasefire between the US and Iran to end the month-long conflict that has triggered a global energy crisis and raised concerns over economic stability. Brent crude rose 5.4% to $102.49 per barrel, compared…
Iran has cautioned that global oil prices could reach $200 per barrel following a series of assaults by its forces on merchant vessels in the blockaded Persian Gulf this Wednesday. Simultaneously, Tehran launched missile strikes at Israel and various regional targets, aiming to prove its military resilience despite what the Pentagon characterizes as unprecedentedly intense…
US-Iran war: Oil prices extended gains to a third straight session on Tuesday, March 3, as the escalating conflict between the US and Israel with Iran, along with threats to shipping via the Strait of Hormuz, which stoked concerns over potential supply disruptions from the crucial Middle East oil-producing region. Brent crude futures climbed to…
Authored by: Sunil Singh Updated Feb 20, 2026 15:53 IST Crude at 6 month high due to US-Iran tension, decline seen in OMC shares including HPCL, IOC Due to increasing tension between America and Iran, movement in crude oil is being seen. At present, the prices of raw lake have reached a high of 6…
OMC stocks under pressure: Shares of oil marketing companies (OMCs) fell up to 3% on Thursday, February 19. The three state-run OMCs—Hindustan Petroleum Corporation (HPCL), Bharat Petroleum Corporation (BPCL) and Indian Oil Corporation (IOC) —saw a retreat in their share prices, giving up recent gains, as the rebound in global crude prices weighed on investor…
Shares of Exxon Mobil were trading higher in pre-market trade on the NYSE on Monday, 5 January, surging 5% to $126.33 apiece as demand for US oil companies on Wall Street spiked after US President Donald Trump said the United States plans to “run” Venezuela following the ousting of Nicolás Maduro over the weekend. Along…
