crude oil prices

September 9, 2026 12:59 PM

Crude oil prices surge nearly 2% as US-Iran conflict escalates

Crude oil prices rose for a fourth consecutive session on Wednesday, gaining nearly 2 per cent or more than $1 a barrel, as fresh attacks involving Iran, the United States and Saudi Arabia heightened concerns over potential supply disruptions in the Gulf. Brent crude gained as much as 1.79 per cent, or $1.76, to trade near $100 a barrel, while US West Texas Intermediate (WTI) crude rose 1.88 per cent, or $1.75, to $94.78 a barrel. Brent prices have climbed more than 20 per cent since early Aug...

June 22, 2026 1:48 PM

Crude oil prices fall up to 3 pc as US-Iran talks ease supply concerns

Global crude oil prices declined sharply by up to 3 per cent on Monday after talks between the United States and Iran concluded in Switzerland, easing concerns over supply disruptions and raising hopes of increased Iranian oil exports. International benchmark Brent crude fell more than 2 per cent to around $79 a barrel after briefly rising above $82 at the start of trading, while US West Texas Intermediate (WTI) crude traded near $75 per barrel, a decrease of 3 per cent. The decline came aft...

June 22, 2026 1:39 PM

Gold, silver trade higher amid easing crude prices

Gold and silver prices traded higher on Monday amid a decline in crude oil prices and signs of progress in US-Iran peace talks. On the Multi Commodity Exchange (MCX), gold futures (August 5) rose Rs 615 or 0.42 per cent to trade at Rs 1,47,818 per 10 grams as of around 10:26 am. The yellow metal touched an intraday high of Rs 1,47,987, up 0.53 per cent or Rs 784 from the previous close and a low of Rs 1,45,110, down 1.42 per cent or Rs 2,093 during the session. It had settled at Rs 1,47,203 ...

April 27, 2026 2:56 PM

Gold, Silver Trade Flat Amid Iran–US De-escalation Hopes

Gold and silver prices traded on a flat note on Monday amid a rise in crude oil prices and reports of a fresh proposal by Iran to end the conflict with the US, raising hopes of de-escalation in the Middle East. On the Multi Commodity Exchange (MCX), gold futures (June 5 contract) were trading at Rs 1,52,410 per 10 grams, down 0.19 per cent or Rs 290 from the previous close of Rs 1,52,699. By 11:00 A.M., the yellow metal touched an intraday high of Rs 1,53,008, up 0.20 per cent or Rs 309. Mean...

April 24, 2026 11:57 AM

Crude oil prices surge up to 2 per cent above $100 mark as Middle East tensions escalate

International crude oil prices surged on Friday, rising up to 2 per cent amid escalating tensions in the Middle East, even after a unilateral ceasefire announcement from the US. The global oil benchmark Brent crude advanced about 2 per cent to $107 per barrel, while US West Texas Intermediate (WTI) crude increased nearly 2 per cent to $97.6 from the previous close. In the domestic market, crude oil on the Multi Commodity Exchange (MCX) was trading at Rs 9,077, down 1 per cent or nearly Rs 100....