Brent Crude Oil News and Price Updates
112.62
0.4713
0.42 %
Real-time price
15:59
USD
Daily range
111.33
114.26
114.26
Weekly range
109.47
117.31
117.31
Reliance Industries quarterly profit jumps on refining and digital strength
Reliance Industries reports a sharp rise in quarterly earnings as stronger performance across its core businesses lifts results above market expectations. The gain is supported by higher refining ...
Oil prices jump as tanker attack threatens Strait of Hormuz shipments
Oil prices rose more than 2% Friday after an attack on a tanker in the Strait of Hormuz renewed concerns about Middle East supply disruptions. Crude benchmarks were heading for a fourth ...
Indian Oil profit rises on LPG compensation amid higher crude costs
Higher government support for subsidized cooking gas sales lifts Indian Oil's second-quarter earnings even as crude prices remain elevated. The state-run refiner also warns that any decline in ...
Can renewed US-Iran diplomacy pressure Brent crude price?
Brent crude (XBR) is trading at $112.46, falling 2.84% on the day. The price sits below its main short- and medium-term moving averages but remains well above ...
Reliance Industries seen posting profit rise as refining and Jio support quarterly earnings
Reliance Industries is expected to deliver a sharp increase in quarterly profit as stronger performance in oil-to-chemicals and digital services offsets continued weakness in retail. The earnings ...
Indian rupee set to draw support from lower U.S. yields as oil surge caps gains
Risk aversion across global markets is reshaping the backdrop for the Indian rupee at Friday's open. Lower U.S. Treasury yields and a weaker dollar are offering support, but the jump in oil prices ...
Cruise operators adapt fuel-cost strategies as Middle East conflict lifts oil prices
Rising oil prices are testing how major cruise operators protect margins during a busy travel period. Carnival focuses on lowering fuel consumption, while Royal Caribbean and Norwegian use hedging ...
$113.56 support helps Brent crude oil consolidate despite lackluster daily change
Brent crude oil (XBR) is trading at $114.12 after a modest decline today. The asset remains below its key short- and medium-term moving averages but stays above the ...
Brent drops below $110 as Middle East peace talks ease supply concerns
Oil prices fell Thursday as renewed diplomatic efforts to end the Middle East conflict reduced concerns about disruptions to global crude supplies. Brent and U.S. crude futures retreated ...
Brent crude oil price consolidates near $114.86 resistance amid mixed technical momentum
Brent crude oil (XBR) is trading at $114.36 after a modest gain today, with the price positioned above its key short-term average but still below the intermediate ...
Oil prices fall as Middle East diplomacy prospects ease supply risk concerns
Crude prices move lower on Thursday as renewed diplomatic contacts around Iran temper immediate fears of supply disruptions in the Middle East. Brent falls to $113.9 a barrel and U.S. West Texas ...
Indian shares seen muted after Fed holds rates steady, oil remains elevated
Indian equities are set for a subdued open on Thursday as investors weigh steady U.S. interest rates against persistent strength in crude oil prices. The combination keeps attention on inflation, ...
U.S. oil inventories shift as crude and distillate stocks fall
Higher fuel demand and lower net crude imports are tightening parts of the U.S. oil market in the latest weekly inventory data. Gasoline stockpiles are rising at the same time, pointing to weaker ...
Brent crude price forecast: $120.04 resistance as XBR trades flat
Brent crude (XBR) is trading at $115.76 after a modest gain for the session and remains positioned above its key moving averages. The price action reflects ...
Oil prices jump amid new threats to Saudi energy infrastructure
Oil prices climbed more than 1% Wednesday after Yemen's Houthi movement claimed responsibility for a missile strike on a major Saudi Arabian refinery, renewing fears of disruptions to Middle ...
Malaysia raises unsubsidized fuel prices for 29 Oct to 4 Nov
Rising global crude oil prices have prompted Malaysia to raise retail prices for unsubsidized fuel for the period from 29 Oct to 4 Nov. The changes affect RON95, RON97 and diesel, while subsidized ...
UK extends fuel duty freeze through July amid pressure on government revenues
Britain is keeping fuel duty unchanged as higher oil prices continue to weigh on motorists and household costs. The move extends a temporary 5-pence cut first introduced in 2022 until at least ...
Brent crude price outlook: Sideways movement likely as buyer support holds above $113.58 support
Brent crude (XBR) is trading at $115.13 after a marginal move higher in the last session. The price remains above its key moving averages, with momentum confirmed ...
Philippine stocks retreat as weak peso pressures investor appetite
Philippine equities extend their decline on Wednesday as currency weakness and Middle East supply concerns weigh on risk sentiment. The peso snaps a seven-session slide but remains near record ...
Global markets brace for Fed, Big Tech earnings and Bank of Canada decision
Investors are heading into one of the busiest stretches of the week as major central bank decisions, heavyweight technology earnings and the UK budget converge over the next 24 hours. The packed ...
Pakistan fuel pricing revises petrol lower, raises diesel from Oct. 28
Pakistan adjusts domestic fuel prices again as global oil benchmarks remain elevated and the government recalibrates rates under its petroleum pricing mechanism. The latest revision takes effect ...
