Oil Prices Dip but Hold Above $100 as Middle East Supply Threats Mount
7 Articles
7 Articles
Markets assess possibility of resumption of military operations against Iran - Conflicts between Saudi Arabia and Houthis are increasing uncertainty, while crude exports from the Middle East have recovered to near pre-war levels
Oil Prices Dip but Hold Above $100 as Middle East Supply Threats Mount
Crude oil prices began trading with a dip this week but remain significantly elevated as hostilities between Yemen’s Houthis and Saudi Arabia, as well as Iranian attacks on tankers in the Persian Gulf, continue. At the time of writing, Brent crude was trading at $114.42 per barrel, down from over $116 per barrel last week but up from around $60 per barrel at the end of 2025. West Texas Intermediate remained above $100 per barrel, despite the dip…
New Delhi: In the wake of increasing tensions in West Asia, the price of Brent crude oil remained around $ 115 per barrel on Monday. Concerns over oil reserves and the potential for further intensification of the conflict have increased volatility in the global oil market. Indian crude oil prices have increased by more than 5 percent in the last eight weeks. Brent crude rate was $117.41 per barrel or last […] Deepali
Oil retreats more than 2%, with WTI at US$ 101 and Brent at US$ 114.51, amidst attacks in Saudi Arabia and fears about demand
India imports about 90% of its crude oil requirements. As a result, even a $1 increase in oil prices increases the country's crude oil import bill by about ₹18,000 crore.
Brent Crude continues to burn, trading at USD 115/Barrel amid Middle East tensions
NEW DELHI : Brent crude oil prices continued to remain around USD 115 per barrel on Monday amid escalating tensions in West Asia, with persistent supply concerns and the risk of further conflict keeping global oil markets on edge. Crude oil prices have surged more than 5 per cent over the past week and are […]
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