Brent was down 3.8 per cent, its biggest weekly decline since the week of November 11, almost four months. US WTI finished down 3.9 per cent, its biggest weekly drop since the week of January 21.

Brent prices have slipped to $70 per barrel amid Venezuelan oil supply at risk, and as OPEC+ sticks to increasing oil production, while commodities and risk assets in general are under pressure as trade policy uncertainty intensifies.

Global benchmark Brent was down nearly 3% on Wednesday, recovering slightly from a three-year low hit earlier in the session, after U.S. crude oil stockpiles posted a larger-than-expected build, adding a further headwind as investors worried about OPEC+ plans to increase output in April and U.

Oil prices have fallen to their lowest level in six months, with Brent crude, the international standard, dropping below $70 a barrel and

Oil prices rose from the six-month lows as the outlook for market demand remained clouded by trade tensions over tariffs imposed by US President Donal

Brent crude slips below $70 per barrel, boosting OMC, aviation, and paint stocks. Lower input costs improve margins, with BPCL, HPCL, and Asian Paints among top gainers. Investors eye long-term impact.

U.S. crude oil stockpiles rose more than expected last week, while gasoline and distillate inventories fell as product exports rose amid refinery spring maintenance, data from the Energy Information Administration showed on Wednesday.

At close, Hindustan Petroleum Corporation (HPCL) was up 3.66 per cent, Bharat Petroleum Corporation (BPCL) was up 3.6 per cent and Indian Oil Corporation (IOC) was up 2.4 per cent

WTI and Brent crude struggle amid weak demand and rising supply. Can OPEC+ production shifts stabilize oil prices? Read the latest market outlook.

Crude prices extended the decline last week. The Brent crude oil futures on the Intercontinental Exchange (ICE) ($70.40/barrel) dropped 3.3 per cent. Similarly, the crude oil futures on the MCX (₹5,858/barrel) posted a loss of 4.

Oil prices are rebounding after a five-day slump, but bearish pressure remains. OPEC+ supply hikes, U.S. tariffs, and demand concerns keep crude oil futures volatile.

A Brent Crude futures contract involves the delivery of Brent Crude oil (harvested in the North Sea off the shore of Britain) at a certain price on a certain date. Oil futures are calculated by ...