Crude oil concluded the trading session with an increase of 0.85%, reaching Rs 7,964, as market participants observed the diplomatic negotiations between Iran and Oman regarding the Strait of Hormuz while evaluating the mixed signals from US inventory data. Technical discussions between Iran and Oman are anticipated to persist regarding the establishment of a permanent Read More
Crude oil settled sharply lower by 3.66% at Rs 7,837, as intensified U.S. economic pressure on Iran and its trading partners heightened uncertainty regarding the timing of a potential resolution to the conflict and the reopening of the Strait of Hormuz. U.S. Treasury Secretary Scott Bessent announced sanctions aimed at countries that persist in conducting Read More
Crude oil concluded the trading session with a 0.66% increase, reaching Rs.8,359. This uptick was bolstered by escalating worries regarding potential disruptions to oil supplies from the Middle East, following the United States’ warning of its most stringent sanctions yet on Iran, which has heightened apprehensions about extended limitations on crude flows in the region. Read More
Crude oil concluded the trading session with a 0.78% increase, reaching Rs 8,151, as concerns regarding shipping routes through the Strait of Hormuz and persistent supply disruptions provided upward momentum for prices. Shipping through the strategic waterway experienced a slowdown as the majority of shipowners opted to bypass the route, influenced by contradictory statements from Read More
Crude oil concluded the trading session with a 2.45% increase, reaching Rs 8,063, as market participants evaluated the intensifying geopolitical tensions related to the US-Iran conflict and the potential for supply interruptions. Renewed fighting in Lebanon and attacks on vessels in the Strait of Hormuz have intensified concerns regarding transportation and regional supply security. Meanwhile, Read More
Crude oil prices concluded the trading session with a 5.11% increase, reaching Rs 7,803. This uptick was bolstered by a prevailing optimism regarding diplomatic initiatives that may lead to the reopening of the Strait of Hormuz. However, the extent of these gains was tempered by Iran’s stipulations for compensation, the removal of restrictions on its Read More
Crude oil prices increased by 0.95%, closing at Rs 8,113, as renewed geopolitical tensions in the Middle East intensified worries regarding global supply security. Market sentiment improved following reports that Iran’s Revolutionary Guards halted two tankers from passing through the Strait of Hormuz, leading several other vessels to change their routes. This development prompted traders Read More
Crude oil prices concluded the trading session down by 0.95% at Rs 8,037, as diplomatic discussions between Oman and Iran concerning the Strait of Hormuz alleviated immediate worries about supply disruptions, even amidst the persistent geopolitical tensions between the United States and Iran. Profit booking also emerged following recent gains, although the downside remained constrained 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 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 2.30%, 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
