Thursday, 1 October 2026Updated 17m ago
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Market move▼ Bearish for Oil India

Oil holds near $98 as traders weigh stalled US-Iran talks and Gulf supply

4 sources · first seen 06:40 1 Oct · updated 07:47 1 Oct

The brief

Written from 4 reports · check the source before you trade
  • Brent was near $98 a barrel after rising about 14% in September
  • Investors monitored stalled US-Iran peace talks and signs of a West Asia oil recovery
  • Higher crude prices could pressure Indian Oil, refiners and fuel-sensitive sectors

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Linked by the tag Oil India

9 stories this week
  1. 30 SeptForeign Investors Pull $3.2 Billion From Indian Markets as Oil Rally Returns - Crude Oil Prices TodayMarket move · 1 source
  2. 30 SeptForeign investors sell $2.1 billion of Indian equities as oil prices surgeMarket move · 2 sources · Global funds sold $2.1 billion of local equities so far this month
  3. 29 SeptIndia urged to strengthen domestic oil exploration for energy security2 sources · Oil India Limited emphasized the need to strengthen domestic oil exploration amid rising global tensions
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Read the reports

4 reports · earliest 06:40
ReutersOil prices barely changed as investors assess US-Iran peace talks and Gulf exports06:40Investing.comOil prices barely changed as investors assess US-Iran peace talks and Gulf exports06:42Economic TimesOil prices barely changed as investors assess US-Iran peace talks and Gulf exports07:35Business StandardOil prices steady as investors assess US-Iran peace talks, supply outlook07:47