NEW DELHI: Tuesday’s fall in Brent to under $80 a barrel for the first time in three months will allow oil companies to hold pump prices at current levels, while helping govt finances and keeping inflation from rising, provided gains on crude hold.

Brent crude, the international benchmark for oil prices, hit $80.41 at 6:46 a.m. EDT on Monday.

Brent crude, the international benchmark for oil prices, hit $80.41 at 6:46 a.m. EDT on Monday.

Indian government bonds saw a significant rally on Monday. The benchmark yield reached a two-month low. This surge followed news of a preliminary peace deal between the U.S. and…

NEW DELHI: Falling global energy prices after a preliminary US-Iran agreement to end hostilities and reopen the Strait of Hormuz may bring relief to Indian refiners and gas…

Brent crude futures gained 0.3 per cent while US crude rose 0.5 per cent as at 9.18am Singapore time. Read more at straitstimes.com. Read more at straitstimes.com.

The drop to the lowest since early March has erased the bulk of the gains seen during the conflict. Read more at straitstimes.com. Read more at straitstimes.com.

Global oil prices tumbled on Tuesday, with Brent crude slipping below the $80-per-barrel mark for the first time since March, as investors...

Oil prices dropped below $80 a barrel Tuesday on optimism over the promised reopening of the Strait of Hormuz, easing inflation pressures on global economies even though traders…

A reopening of the Strait of Hormuz and lower oil prices following the U.S.-Iran agreement could significantly reduce India’s energy import costs and improve its trade balance.

NEW DELHI: Tuesday’s fall in Brent to under $80 a barrel for the first time in three months will allow oil companies to hold pump prices at current levels, while helping govt…

A senior US official said the US will waive sanctions on Iranian oil, under the deal to end the war, raising the prospect of millions of additional barrels of supply.

Oil prices have dropped below $80 per barrel for the first time since March, as easing Middle East tensions and hopes of a US-Iran deal improve market sentiment.

Global crude oil prices may fall after Middle East peace efforts. However, fuel prices in India might not decrease immediately. Oil companies face pressure, and lower crude prices…

Falling crude oil prices below $80 a barrel are set to prevent further fuel price increases. This development is boosting India's economic outlook, with economists predicting…

Oil prices fell more than $1 per barrel on Thursday after the U.S. and Iran signed an interim agreement that would end the Iran war…

BEIJING/SINGAPORE: Oil prices fell by more than $2 per barrel on Thursday after the US and Iran signed an interim agreement that would end the Iran war, reopen the Strait of…