Crude oil prices experienced a decline of 4.45%, settling at Rs 7,603, attributed to the easing of geopolitical tensions in the Middle East, which alleviated concerns regarding potential supply disruptions. Sentiment diminished following U.S. President Donald Trump’s remarks indicating that Washington was involved in constructive discussions with Iran, which had initially raised expectations for a Read More
Crude oil prices experienced a significant decline of 4.65%, settling at Rs 8,604, as traders engaged in profit-taking following the recent rally influenced by geopolitical tensions. Despite the correction, the market exhibited significant volatility as the ongoing conflict involving the U.S., Israel, and Iran persisted, posing a threat to global energy supplies. The U.S. executed Read More
Crude oil prices concluded the trading session with an increase of 0.49%, reaching Rs 7,949. This rise was underpinned by intensifying geopolitical tensions in the Middle East, which have maintained a notable risk premium within energy markets. Prices exhibited significant volatility following U.S. President Donald Trump’s assertion that Iran would be accountable for the fatalities Read More
Crude oil prices concluded the trading session with a slight increase, rising by 0.01% to reach Rs 7,614. This uptick was driven by escalating geopolitical tensions in the Middle East, which counterbalanced worries regarding the growing global supply. Market sentiment remained buoyed following reports that Iran has encouraged Yemen’s Houthis to brace for possible disruptions Read More
Crude oil prices experienced a notable increase of 3.04%, closing at Rs 7,584. This rise was primarily influenced by heightened geopolitical tensions in the Middle East, which have rekindled apprehensions regarding global energy supplies. The United States has reinstated a naval blockade of Iran, as renewed hostilities between Washington and Tehran have heightened concerns regarding Read More
Crude oil prices experienced a notable increase of 8.01%, concluding at Rs 7,360, driven by rising geopolitical tensions in the Middle East that intensified apprehensions regarding global energy supplies. Iran has intensified missile strikes on Gulf nations in response to renewed U.S. military actions, heightening concerns over potential disruptions to oil shipments via the Strait Read More
Crude oil prices experienced a decline of 3.1%, settling at Rs 6,854, as traders took the opportunity to book profits following a recent rally that was fuelled by rising geopolitical tensions in the Middle East. Despite the correction, market sentiment continued to exhibit a pronounced sensitivity to developments related to the renewed conflict between the Read More
Crude oil prices increased by 2.35% to close at Rs 6,705, bolstered by a resurgence of geopolitical tensions in the Middle East following reports of a ship being hit in the Strait of Hormuz. Sentiment also deteriorated following Iran’s declaration that peace negotiations with the United States would not recommence unless President Donald Trump retracted Read More
Crude Oil prices experienced a decline of 1.39%, settling at Rs 6,525, as diminishing geopolitical concerns overshadowed the positive inventory data. Market sentiment improved following constructive discussions between the US and Iran in Qatar, which raised hopes for a reduction in tensions surrounding the Strait of Hormuz, a crucial global oil shipping route. Tanker movements Read More
Crude Oil prices increased by 2.30%, closing at Rs 6,728, as renewed military exchanges between the US and Iran underscored the tenuous nature of their interim peace agreement, thereby maintaining a heightened geopolitical risk premium. However, gains were capped after both countries agreed to resume negotiations over the Strait of Hormuz, raising hopes of preserving Read More
Crude oil prices experienced a significant decline of 3.84%, settling at Rs 6,983, as the easing of geopolitical tensions in the Middle East alleviated concerns regarding potential supply disruptions. Market sentiment improved following reports of advancements in negotiations between the United States and Iran. Iranian Foreign Minister Abbas Araghchi noted that discussions conducted in Switzerland Read More
Crude oil prices experienced a decline of 1.45%, settling at Rs 7,054, which represents the lowest closing level since early March. This downturn in market sentiment can be attributed to reports of a breakthrough agreement between the United States and Iran, intended to resolve the extended conflict that has significantly impacted global energy supplies. The Read More
Crude oil prices experienced a significant decline of 5.82%, settling at Rs 7,175, as market participants responded to the enhanced outlook for the restoration of oil supplies via the Strait of Hormuz, alongside ongoing uncertainty regarding the preliminary agreement intended to resolve the U.S.-Iran conflict. Investor sentiment deteriorated following U.S. President Donald Trump’s announcement of Read More
Crude oil prices experienced a notable decline of 3.25%, settling at Rs 8,073. This drop can be attributed to the easing of geopolitical tensions, which has alleviated concerns regarding potential supply disruptions in the Middle East. Market sentiment showed signs of deterioration following the announcement from U.S. President Donald Trump regarding the cancellation of military Read More
Crude oil prices experienced a notable increase of 3.62%, concluding at Rs 8,726, driven by rising geopolitical tensions in the Middle East alongside constricting supply fundamentals. Market sentiment exhibited considerable sensitivity following the resurgence of military exchanges between the United States and Iran. U.S. President Donald Trump issued a warning regarding the possibility of further Read More
Crude oil prices increased by 1.08%, closing at Rs 8,707, as rising geopolitical tensions in the Middle East heightened worries regarding global energy supplies. Market sentiment shifted to a bullish stance following Israel’s renewed strikes on Lebanon, despite the presence of an existing truce. This development has dampened optimism regarding a potential de-escalation of the Read More
Crude oil prices experienced a significant decline of 4.31%, settling at Rs 8,842. This drop can be attributed to the easing of geopolitical tensions, which alleviated concerns over supply disruptions and prompted widespread profit-taking activities. Market sentiment improved following a ceasefire agreement between Israel and Lebanon, which has raised expectations for a broader diplomatic resolution Read More
Crude oil prices surged by 5.49% to settle at Rs 8,736, marking a robust recovery primarily influenced by rising geopolitical tensions in the Middle East. Market sentiment shifted markedly towards optimism following reports that Iran halted communications and message exchanges with the United States as a reaction to Israel’s escalating military actions in Lebanon. The Read More
Crude oil prices experienced a decrease of 0.73%, concluding at Rs 8,537, as reports emerged indicating that the United States and Iran have reached a preliminary agreement to prolong their ceasefire and initiate discussions regarding Iran’s nuclear program. Reports indicate that the proposed 60-day memorandum of understanding encompasses assurances for unrestricted shipping through the Strait Read More
Crude oil prices experienced a notable increase of 4.5%, concluding at Rs 9,014. This rise is attributed to heightened geopolitical tensions stemming from U.S. military actions in Iran, which have amplified worries regarding possible interruptions to global oil supply routes via the Strait of Hormuz. Market sentiment exhibited significant volatility as optimism for a swift Read More
