Oil stocks surge
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USO and BNO are rated hold, with trading preferred over investing amid heightened Middle East conflict volatility. Read more on USO and BNO ETFs here.
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Oil futures surged Monday after the United States and Israel launched strikes against Iran over the weekend.
Reflections and stock-taking are usually a part of the end-of-year celebrations. For investors in the crude oil market, 2025 has been a rather underwhelming year. Brent oil price began the year on its front foot, rallying to a six-month high within the ...
Oil traders brace for big moves next week as the fallout from U.S. and Israeli strikes on Middle East oil supply stays unclear.
Indian consumer firms warn that rising crude prices and Gulf tensions could drive up costs for FMCG, paints and packaging, disrupt remittances, and dampen consumer demand across India.
WTI crude oil faces short-term weakness near 20- and 200-day averages, but technical support and recent trend reversal suggest an eventual continuation of the bullish trend.
Brent crude oil futures on the Intercontinental Exchange (ICE) ($71.80/barrel) was up 5.9 per cent whereas crude oil futures in the domestic market (₹6,057/barrel) gained 5.7 per cent. Brent crude oil futures,
As of February 23rd, the price of regular gas was up 1 cent and the price of premium gas was up 2 cents from the previous week.
Oil prices rose sharply when market trading began late Sunday over concerns that the supply from Iran and elsewhere in the Middle East would slow or grind to a halt.