Crude Oil Futures

U.S. West Texas Intermediate (WTI) crude futures rose by $1.09, or 1.56%, to $70.92 per barrel at 2254 GMT on fears of oil supply disruptions in the Middle East after Iran fired ballistic missiles at Israel.

Oil futures climbed on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing fears the Israel-Hamas conflict could still widen in the key oil-producing region.

On the Multi Commodity Exchange, crude oil for April delivery fell Rs 113 or 1.57 per cent to Rs 7,074 per barrel with a business volume of 6,469 lots.

Union Minister Hardeep Puri today said that fuel prices will not be cut in the near future as there is high crude volatility. Dismissing media reports as 'speculative', Mr Puri today said that there's no proposal to cut fuel prices.

The other agricultural commodities suspended by Sebi are -- paddy (non-basmati), chana, crude palm oil, mustard seeds and their derivatives and soya bean and its derivatives.

"The tighter monetary policy is already having an impact on industrial activity. The prospect of further tightening following hawkish comments from policymakers weighed on sentiment," said analysts from ANZ Research in a note.

Oil futures fell more than $1 early on Monday as protests in top importer China over strict COVID-19 curbs fuelled demand .worries

Benchmark Brent oil climbed above $100 a barrel on Wednesday after Saudi Arabia suggested this week that OPEC could consider cutting output in response to poor liquidity in the crude futures market and fears about a global economic downturn.

The OPEC+ group of producers, including Russia, on Thursday agreed to stick to its output strategy after two days of meetings. The producer club avoided discussing policy from September onwards.

Oil futures have been volatile in recent weeks, pressured by worries that rising interest rates could slow economic activity and fuel demand but supported by tight supply, especially since Russia's invasion of Ukraine and Western sanctions on Moscow.

World shares hit a three-week high on Wednesday and US index futures were indicating a steady open on Wall Street as strong US corporate earnings and the expected resumption of Russian gas supply to Europe tempered recession fears.

Oil prices fell below $100 per barrel in early Asian trading on Wednesday as US inventory data showed buildups in crude oil and refined products amid rising fears of a global economic slowdown.

Find out what the future holds for India's top ethanol stocks.

Brent crude futures fell 82 cents or 0.8% while U.S. WTI crude futures declined by $1.04, or 1% after both posted gains of around 2% last Friday.

Oil slipped by more than 1% on Tuesday as concerns about demand due to China's prolonged COVID lockdowns outweighed support from a possible European oil embargo on Russia over its actions in Ukraine.

U.S. West Texas Intermediate (WTI) crude futures rose by $1.09, or 1.56%, to $70.92 per barrel at 2254 GMT on fears of oil supply disruptions in the Middle East after Iran fired ballistic missiles at Israel.

Oil futures climbed on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing fears the Israel-Hamas conflict could still widen in the key oil-producing region.

On the Multi Commodity Exchange, crude oil for April delivery fell Rs 113 or 1.57 per cent to Rs 7,074 per barrel with a business volume of 6,469 lots.

Union Minister Hardeep Puri today said that fuel prices will not be cut in the near future as there is high crude volatility. Dismissing media reports as 'speculative', Mr Puri today said that there's no proposal to cut fuel prices.

The other agricultural commodities suspended by Sebi are -- paddy (non-basmati), chana, crude palm oil, mustard seeds and their derivatives and soya bean and its derivatives.

"The tighter monetary policy is already having an impact on industrial activity. The prospect of further tightening following hawkish comments from policymakers weighed on sentiment," said analysts from ANZ Research in a note.

Oil futures fell more than $1 early on Monday as protests in top importer China over strict COVID-19 curbs fuelled demand .worries

Benchmark Brent oil climbed above $100 a barrel on Wednesday after Saudi Arabia suggested this week that OPEC could consider cutting output in response to poor liquidity in the crude futures market and fears about a global economic downturn.

The OPEC+ group of producers, including Russia, on Thursday agreed to stick to its output strategy after two days of meetings. The producer club avoided discussing policy from September onwards.

Oil futures have been volatile in recent weeks, pressured by worries that rising interest rates could slow economic activity and fuel demand but supported by tight supply, especially since Russia's invasion of Ukraine and Western sanctions on Moscow.

World shares hit a three-week high on Wednesday and US index futures were indicating a steady open on Wall Street as strong US corporate earnings and the expected resumption of Russian gas supply to Europe tempered recession fears.

Oil prices fell below $100 per barrel in early Asian trading on Wednesday as US inventory data showed buildups in crude oil and refined products amid rising fears of a global economic slowdown.

Find out what the future holds for India's top ethanol stocks.

Brent crude futures fell 82 cents or 0.8% while U.S. WTI crude futures declined by $1.04, or 1% after both posted gains of around 2% last Friday.

Oil slipped by more than 1% on Tuesday as concerns about demand due to China's prolonged COVID lockdowns outweighed support from a possible European oil embargo on Russia over its actions in Ukraine.