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U.S. Stocks Slip as Oil Swings Test Iran War Deal Hopes
Wall Street pulls back from records amid Brent crude volatility at $100/bbl, Strait of Hormuz uncertainty, mixed earnings), softer jobs data and rising 10-year Treasury yields to 4.38%.
Crude oil prices steady as investors weigh US-Iran peace deal; Brent at $102/bbl. Where are prices headed?
US-Iran war: Brent crude futures rose 88 cents, or 0.9%, to $102.15 per barrel by 0032 GMT, while US West Texas Intermediate crude advanced $1.12, or 1.2%, to $96.20 a barrel.
Brent oil drops below $100/bbl on US-Iran deal hopes
Oil prices dived on Wednesday, with international benchmark Brent sliding under $100 a barrel, on fresh hopes for an end to the Middle East war. Brent North Sea crude slumped 9.3 percent to $99.64 a barrel, while the main US oil contract, West Texas Intermediate, plunged 10.7 percent to $91.33.
Bharat Bijlee Ltd leads losers in 'A' group
CreditAccess Grameen Ltd, Vardhman Textiles Ltd, KPIT Technologies Ltd and Oil India Ltd are among the other losers in the BSE's 'A' group today, 06 May 2026.
Crude oil prices fall for second day amid US-Iran peace talks hopes; Brent below below $110/bbl mark
Brent crude futures for July dropped $1.52, or 1.38%, to $108.35 per barrel, following a 4% fall in the previous session. Meanwhile, MCX crude oil prices fell over 1.52% to ₹9,551 per barrel.
Oil unlikely to fall below $80/bbl amid supply disruptions: Maulik Patel
Maulik Patel, Head of Research, Equirus Investment Securities, said growth in CNG volumes is slowing, especially in key markets like Delhi. Policy reforms such as bringing gas under GST and reducing taxes could support demand. Investors are advised to consider CGD stocks on price declines.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty trades over 300 points lower; Brent at $102/bbl
Sensex Today | Stock Market LIVE Updates: Barring Monday, the Nifty has not made a low below 23,500 last week, making it a key level for the index. The Nifty Bank surged nearly 4,500 points last week, and the 55,000 level on the downside will be watched here too.
Crude oil seen at $70–80/bbl by May-end; Sunil Singhania flags market relief
Sunil Singhania, Founder, Abakkus Asset Manager, said that the near-term gains are likely in rate-sensitive segments, sustained momentum depends on foreign inflows and clarity on global conditions, especially energy supply routes.
Crude Oil Price Spike: HPCL, peers fall up to 5%, gas stocks rally as crude spikes to $113/bbl
Higher crude prices typically weigh on oil marketing companies such as HPCL, BPCL, and IOC, as rising input costs can compress margins. Sectors like paints are also impacted, given that nearly 50% of their raw material costs are linked to crude derivatives.
Asia stocks fall as oil tops $100/bbl again amid Iran conflict - Investing.com India
Asia stocks fall as oil tops $100/bbl again amid Iran conflictInvesting.com India
Crude oil back above $90 a barrel. How elevated energy prices may impact various Indian sectors?
Crude oil prices surged to nearly $120 a bbl due to the US-Iran conflict, disrupting Middle Eastern energy production. Prices have fluctuated significantly, impacting global markets and raising concerns over economic repercussions, especially for India reliant on imports from the Strait of Hormuz.
UBS downgrades HPCL, BPCL, IOC stocks as crude prices breach $100/barrel
UBS' Global Oil team has also raised their near-term oil price forecasts, Q1-26E to $71/bbl (around $80/bbl for March), and the average for 2026 to $72/bbl