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Brent Crude News

US is the world's top oil producer. So why are gas prices still high? Explained

The US is the world's top oil producer and consumer. (Pexel/Representative image)

Published 3 hours ago

Why oil prices are surging explained: US-Iran tensions spark global supply fears

Oil prices surge after fresh US-Iran tensions (Pexel/Representative image)

Updated 6 days ago

Why US gasoline may not return to $3 anytime soon, explained

US gasoline prices are falling after the Iran peace deal, but $3 gas may not return soon. (Pexel/Representative images)

Published 10 days ago

We woz wrong about oil

FILE PHOTO: Drone view of oil tanker HELGA berthed at one of Iraq's southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz, April 24, 2026.

Published 11 days ago

U.S. Stock Futures Higher as U.S.-Iran Return to Peace Talks

U.S. equities were supported by easing Middle East tensions.

Published 15 days ago

US oil prices today: WTI crude falls to $69, fueling hopes for lower gas prices

US oil prices fell 3% as hopes of a US-Iran deal (Pexel/Repersentative image)

Updated 17 days ago

Oil prices today: Donald Trump calls for DOJ probe as Brent crude falls to $73

Brent crude falls to $73 as Trump orders a DOJ probe into oil companies over gasoline prices and alleged price gouging.(Photo by SPENCER PLATT / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

Updated 19 days ago

Crude oil prices drop 4.7% after US-Iran deal; here's what experts say

Crude oil prices fell after the US-Iran peace deal. (Pexel/Representative image)

Updated 29 days ago

US extends sanctions waiver on Russian seaborne oil: What it means for India

Trump’s Second U-Turn In 24 Hours? US Extends Russian Oil Waiver After Letting It Lapse |Iran,Hormuz

Updated 56 days ago

Inside India’s strategic oil reserves, and how Hormuz affects the math

Focus on India’s strategic oil reserves amid prolonged Iran conflict and choked Strait of Hormuz

Updated 56 days ago

Indian shares log weekly losses hurt by oil surge, IT decline

ONGC gained 7.2%, after the government cut royalties on crude oil and gas production.

Updated 60 days ago

Oil holds steady after Trump-Xi meeting signals hope for US-China cooperation

US President Donald Trump (left) with China's Xi Jinping in Beijing on Thursday.

Published 61 days ago

Brent crude hits 4-year high at $120+, what's causing the surge in oil prices?

Along with Brent crude, US West Texas Intermediate futures rose to $108.34 a barrel, the highest since April 7.

Published 75 days ago

US bragging about 'cards': Ghalibaf shares new formula amid Hormuz blockade

In this new formula, the Iranian leader has a warning for American consumers about the consequences of the ongoing war waged by the US and Israel, with a reference to upcoming “summer vacations.”

Updated 78 days ago

Why US stock market is down today. Analyst gives ‘world in limbo’ warning

Investors monitor stock market prices in Kuala Lumpur August 9, 2006

Published 81 days ago

After US-Iran ceasefire, crypto's next move hinges on oil, dollar, and ETF flows

A bitcoin light is displayed at the 'Bitcoin Treasuries Unconference' cryptocurrency event, in New York City.

Published 96 days ago

Oil Gains as Iran War Escalates With Houthi Attacks on Israel

The conflict has put global oil and gas supplies at risk, led to shortages of fertilisers, and affected air travel.

Updated 106 days ago

Macquarie Group warns of ‘$200 oil’ if the US-Iran war drags on till June

Brent was last near $108 a barrel on Friday, after touching a crisis-high of $119.50 earlier this month.

Updated 109 days ago

India buys 60 million barrels of Russian oil for April delivery: Report

In addition to buying more Russian oil, Indian processors are also looking elsewhere to diversify their supply as the war drags on.

Published 111 days ago

The Oil Supply Crunch Is Spreading From the Gulf to the Rest of the World

People queue to refuel at a petrol station in Hyderabad on March 25, 2026. Oil prices tumbled and stocks rose on March 25 on hopes for a de-escalation of the Middle East war after Washington sent a peace plan to Iran, while Tehran announced it will let "non-hostile" oil vessels through the crucial Strait of Hormuz. (Photo by NOAH SEELAM / AFP)

Updated 111 days ago

PM Modi reviews power readiness in high-level meet as West Asia conflict rages

PM Narendra Modi chairs a high-level meeting to review the evolving West Asia situation.

Updated 113 days ago

Japan to release oil reserves starting March 16 amid Strait of Hormuz chokehold

The Iran war has sparked concerns over oil and gas supp;ies due to the blockade of Strait of Hormuz

Updated 125 days ago

4-day work week, schools closure: Pak scrambles to save oil after prices surge

Pakistan PM Shehbaz Sharif on Monday reportedly announced several oil-saving measures to deal with the ongoing worldwide fuel crisis, triggered by the US-Iran war.

Published 126 days ago

Sensex, Nifty today: BSE, NSE bounce back day after bloodbath; INR also recovers

Smoke rises following a strike on the Bapco Oil Refinery, amid the US-Israeli conflict with Iran, on Sitra Island Bahrain, March 9

Updated 126 days ago

Stock markets shudder worldwide after oil prices spike to nearly $120 per barrel

Stock markets worldwide experienced declines Monday amid fears of rising oil prices, which hit near $120 per barrel.

Updated 127 days ago

War in Iran could cause the biggest oil shock in years

An oil tanker is pictured offshore in Dubai on 1 March 2026, as an escalating Iran war threatens production of crude oil in the Middle East.

Updated 134 days ago

Oil prices rise as Iran conducts naval drills ahead of fresh US talks

Oil has rallied more than 10% this year as escalating tensions with Iran — and potential supply disruptions in a region that pumps about a third of the world’s crude — outshone concerns over a global glut.

Updated 147 days ago

Oil prices continue to fall as US crude inventories increase

Expectations are growing that the Organization of the Petroleum Exporting Countries and allies like Russia will push more barrels into the market to regain market share at Sunday's meeting.

Published 312 days ago

Indian Rupee left shook as oil prices soar after Israel strikes on Iran

The RBI typically leans against sharp moves in the spot market, especially those driven by external shocks, traders noted.

Published 396 days ago

Market trade slips lower after early gains amid tensions in Middle East

The 50-share NSE Nifty went up by 38.7 points to 25,180.10.

Published 397 days ago

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