Peepals Business · Topic
4 stories, newest first
The Indian crude basket has averaged about $120 a barrel in October 2026, the highest since March 2012, straining oil company margins and the fiscal deficit.
The Dow fell 652.82 points to 52,215.16 on Friday, October 23, 2026 as Brent crude settled at $116.72 on fears of renewed US-Iran conflict; the S&P 500 lost 0.52%.
Brent crude fell about 2% to near $107.7 a barrel on October 19, 2026, as Trump's waiver of Russia sanctions raised hopes of more supply.
Brent crude touched $110 a barrel on 16 October 2026, first since May, on Hormuz shipping attacks and Ukraine refinery strikes; Indian markets react on Monday.
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