After its largest increase since the early 1980s over the last week, futures trading on crude oil on Sunday surpassed $100 per barrel.

In early trade, market breadth was negative, with 261 stocks advancing against 2,133 stocks declining on the NSE. 109 stocks remained unchanged.

Oil prices slipped below USD 100 per barrel with the ceasefire easing supply fears through the Strait of Hormuz. Check Prices of Brent, WTI, Urals, ESPO, Murban, and More (April 8)

Prices are likely to rise substantially if the Strait of Hormuz remains, in effect, closed, market watchers say.

Domestic energy companies could benefit from high oil prices in the short-term, but take a hit if the Iran war drags on.

For India, the implications are concerning; elevated oil prices could slow GDP growth to 6.5% for FY27, with inflation rising above 5%. Sectors like oil marketing, fertilizers, and textiles will be affected,

Oil prices were climbing again on Thursday morning as the war in Iran approaches its one-month mark — with little sign of an end in sight. The front-month Brent crude contract for May delivery BRNK26 was up nearly 5% to $107.16 a barrel, while the most ...

Oil prices have eclipsed US$100 per barrel for the first time in more than three and a half years as the Iran war hinders production and shipping in the Middle East.