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Business News/Topic/ Brent Oil

BRENT OIL

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India imports about half of its oil imports from West Asian countries and about 36% of the overall oil imports comes through the Strait of Hormuz. (REUTERS)

Oil prices rise over 1% amid Israel-Iran ceasefire, Brent at $68/bbl

2 min read . 25 Jun 2025

Crude supplies from Iraq, Saudi Arabia, Kuwait, and the United Arab Emirates, all routed via the Strait of Hormuz, account for nearly half of India’s total imports. (HT_PRINT)

Oil prices jump 2% after US strikes Iran, India monitors evolving situation

2 min read . 23 Jun 2025

Crude prices rise near 5-month high amid escalating Iran–Israel conflict; Brent tops $76 (AP)

Iran–Israel war: Crude oil prices rise to near 5-month high; Brent tops $76

3 min read . 18 Jun 2025

MCX crude oil prices may appreciate to ₹6,250 per barrel as the outlook is positive, analysts said. (Photo: Bloomberg)

Crude oil prices recover as Israel-Iran war escalates; MCX crude near ₹6,200

2 min read . 17 Jun 2025

Brent oil prices rallied 12.5%, while WTI crude oil prices jumped 13% for the week. (Photo: AP)

Crude oil prices jump 7% as Israel-Iran conflict escalates

1 min read . 14 Jun 2025

Crude oil benchmarks Brent and US WTI posted a weekly gain of four per cent after US-China trade discussions took off; IN PICTURE: A pump jack in Midland, Texas, US; Photographer: Anthony Prieto (Bloomberg)

Crude oil logs first weekly gain since mid-April on US-China trade talks

2 min read . 10 May 2025

Saudi Arabia’s motives may also have a geopolitical dimension. (AP Photo)

Counter-intuitive: Why Opec wants lower oil prices

4 min read . 07 May 2025

RIL, IOC to Asian Paints: Which stocks to buy as crude oil prices crash nearly 20% YTD? (Bloomberg)

RIL, IOC to Asian Paints: Which stocks to buy as crude oil prices crash 20% YTD?

5 min read . 06 May 2025

OPEC said the global economy showed a steady growth trend at the beginning of the year, just before trade-related impact. IN PICTURE: A pump jack in Midland, Texas, US; Photographer: Anthony Prieto/Bloomberg

OPEC slashes 2025 global demand growth forecast on Trump tariff-impact

2 min read . 14 Apr 2025

Crude oil prices lost one-fifth of value since Trump announced higher tariffs on a range of US trading partners on April 2, the biggest five-day drop since March 2022. IN PICTURE: A pump jack in Texas, US; Photographer: Anthony Prieto/Bloomberg

Oil hits four-year low: How to place bullish bets on MCX crude?

4 min read . 09 Apr 2025

The global oil market has been rocked in recent sessions as the Trump administration’s escalation of the trade war. (Bloomberg)

Oil prices could sink below $40 under ‘extreme’ conditions, says Goldman Sachs

1 min read . 08 Apr 2025

Oil prices were heading towards their lowest close since the midst of the coronavirus pandemic in 2021 (Bloomberg)

Oil prices crash over 8%, set to hit 4-year lows; Brent slips below $65

2 min read . 04 Apr 2025

Oil Prices Today: Weekly, Brent futures gained 1.9 per cent, while WTI rose 1.6 per cent. Brent is up more than seven per cent in March. IN PICTURE: A pump jack in Midland, Texas, US; Photographer: Anthony Prieto/Bloomberg (Bloomberg)

Oil logs third weekly gain on US tariffs; Brent crude gains 7% in March

3 min read . 29 Mar 2025

Crude oil prices: Weekly, Brent rose 2.1 per cent and US WTI 1.6 per cent, their biggest gains since the first week of the year. IN PICTURE: A pump jack in Texas, US; Photographer: Anthony Prieto/Bloomberg (Bloomberg)

Crude oil logs biggest weekly gain since Jan: Brent gains over 2% in five days

3 min read . 22 Mar 2025

Crude oil outlook: Goldman Sach expects a higher OPEC+ supply and expects production increases to start in April, compared to July. IN PICTURE: A pump jack in Midland, Texas, US; Photographer: Anthony Prieto/Bloomberg

Crude oil outlook: Goldman Sachs lowers Brent year-end forecast; here's why

2 min read . 18 Mar 2025

Oil prices to remain around $70-75 per barrel, says Emkay (Bloomberg)

Oil prices to remain around $70-75 per barrel, says Emkay

2 min read . 12 Mar 2025

Brent crude oil futures settled at $70.36 a barrel, up 90 cents, or 1.3 per cent in the previous session. US West Texas Intermediate futures finished at $67.04, up 68 cents, or 1.02 per cent. Both benchmarks logged multi-week lows

Brent logs biggest weekly loss in 4 months: Goldman Sachs eyes downside risk

5 min read . 08 Mar 2025

Oil Prices Today: Brent futures fell $2.19, or 3.1 per cent, to $68.85 a barrel. The US West Texas Intermediate crude declined $2.55, or 3.7 per cent, to $65.71 a barrel; IN PICTURE: A pump jack in Midland, Texas, US (Bloomberg)

Oil extends losing streak for third straight day on Trump tariffs, OPEC+ hike

2 min read . 05 Mar 2025

OPEC+ has stuck to out oil output policy for 2025 while crude benchmarks Brent and US WTI rose after Donald Trump's tariff policies. In Picture: A pump jack in Midland, Texas, US
Photographer: Anthony Prieto/Bloomberg (Bloomberg)

OPEC+ sticks to output policy; Brent, WTI gain 3% on Trump's tariffs

5 min read . 03 Feb 2025

Oil prices settled higher but logged a weekly loss with the Brent crude futures settling up 21 cents, or 0.27 per cent, to $78.50 a barrel.
In Picture: A pump jack in Midland, Texas, US; Photographer: Anthony Prieto/Bloomberg (Bloomberg)

Oil snaps 4-week winning streak; Brent sits at $78/bbl, WTI sheds 4% in 5 days

4 min read . 25 Jan 2025