June, 15 2026 Monday 15:40 Hrs
Last update 11-9-2025
  • SENSEX :   76,242.71

  • Commodity broking firm in India714.76( 0.95%) 15-Jun-2026

Mid Session Commentary - Detailed News

WTI crude slips 1% to $95 on Iran deal hopes
04-Jun-26   13:25 Hrs IST
WTI crude futures fell nearly 1% to around $95 per barrel on Thursday, snapping a three-day rally as hopes for progress in US-Iran negotiations eased concerns over potential supply disruptions in the Middle East. President Trump indicated that a breakthrough could be achieved as early as this weekend, improving market sentiment despite ongoing regional tensions. The decline came even as EIA data showed an unexpected 8 million barrel drop in US crude inventories, marking the sixth consecutive weekly draw and bringing stockpiles closer to minimum operating levels. While geopolitical risks remain elevated following recent exchanges between the US and Iran, de-escalation hopes prompted traders to lock in profits after oil's recent surge linked to Strait of Hormuz concerns. Meanwhile, MCX June crude oil futures traded lower by 1% at Rs 9,143 per barrel.

Powered by Commodity Insights

Top

Attention Investor:

Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.