oil prices
12 stories with this tag
Business & FinanceBrent crude suffers steepest weekly fall since 2020 as Middle East price war and Iran-talk hopes flood the market
Brent crude fell more than 16 per cent last week, its steepest weekly drop since April 2020, as Saudi Arabia slashed prices, Hormuz exports recovered and hopes of a US-Iran deal stripped the war premium from oil, with Brent trading near $98 on Monday.
Business & FinanceSensex jumps more than 800 points and Nifty crosses 23,650 as easing oil and tax hopes lift Indian markets
Indian shares extended their gains on Tuesday morning, with the Sensex rising above 76,500 and the Nifty 50 above 23,650, as easing crude prices, hopes of a capital-gains tax review and heavyweight buying lifted sentiment. Figures checked on Tuesday morning, 3 November 2026 (Pakistan time).
IranUS struck Iran's Qeshm Island on Monday in secret limited strikes, Wall Street Journal reports
The Wall Street Journal, citing US officials, reports American forces struck Qeshm Island on Monday in the latest of a series of undisclosed limited strikes, even as President Donald Trump played down a return to war, sending oil prices higher in early Asian trade on Tuesday.
Business & FinanceAsian stocks slide on Tuesday as chip sell-off deepens and Kospi drops more than 3%, while oil steadies after Monday’s plunge
South Korea's Kospi led Asia lower on Tuesday, falling more than 3% as a three-day rout in US chipmakers reached 12% and the Nasdaq 100 entered a technical correction, even as Indian markets pointed higher. Figures checked on Tuesday morning, 3 November 2026 (Pakistan time).
Business & FinanceWall Street ends mixed as chip sell-off deepens and oil plunges more than 7% on Iran diplomacy hopes
The Dow rose 0.41% to 51,983.98 while the Nasdaq fell 1.07% to 25,164.32, as a technology sell-off erased early gains and Brent crude dropped $8.66 to $104.77 a barrel.
Business & FinanceUS stocks rebound on Monday as oil slides sharply on Iran diplomacy hopes, recovering part of Friday's tech sell-off
US stocks rose on Monday, with the Dow up about 490 to 547 points intraday and the S&P 500 and Nasdaq also higher, as Brent crude fell about 6 per cent on hopes of progress in talks over Iran.
Business & FinanceOil falls more than 4% as hopes of progress in Iran talks ease fears of further supply disruption
Brent crude fell 4.2% to $108.64 a barrel and US crude fell 4.2% to $99.71 on Monday as Qatar-mediated talks on ending the US-Israeli war on Iran raised hopes that Middle East supply disruptions could ease.
Business & FinanceSensex jumps more than 1,000 points and Nifty tops 23,300 as Reliance surge and falling oil lift Indian markets
Indian benchmark indices rallied sharply on Monday, with the Sensex jumping more than 1,000 points intraday and the Nifty 50 crossing 23,300, led by an 8 per cent surge in Reliance Industries after record quarterly profit and by crude oil falling towards $110 a barrel. Figures checked on Monday late morning, 2 November 2026 (Pakistan time).
Business & FinanceOPEC+ agrees in principle to keep December oil output targets steady, sources tell Reuters
Seven core OPEC+ producers have agreed in principle at Sunday's online meeting to leave their December oil output targets unchanged, sources told Reuters, holding policy steady while Gulf exports remain disrupted by the Iran war.
Business & FinanceOil prices head for fourth straight monthly gain as Hormuz tanker attack sharpens supply fears
Brent crude rose 2.4 percent on Friday to 117.64 dollars a barrel, its highest close since late April, putting oil on course for a fourth consecutive monthly gain as traders brace for escalation in the Iran war.
Business & FinanceUAE shares slip as Dubai index falls for a third session while Brent crude climbs above $117
Dubai's main index dropped 0.8% for a third straight session on weak earnings and regional tensions, while Abu Dhabi edged down 0.1% and Brent crude rose 2.3% to $117.56 a barrel.
Business & FinanceOil heads for fourth straight monthly gain as Brent tops $115, while gold slips back below $4,000
Brent crude climbed above $115 a barrel on Friday, on course for a fourth consecutive monthly gain, as tanker attacks and missile interceptions around the Gulf kept supply risks high, while gold slipped back below $4,000 an ounce. Figures checked at about 2:30 pm PKT on Friday, 30 October 2026.