Sensex: 77,496.36 (-0.75%)

Nifty: 23,997.55 (-0.74%)

anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

Commodity News Details
Energy Preview: WTI crude oil set for weekly gain of around 6% as Middle East conflicts show no signs of abating
13-Mar-2026 08:41

Crude oil prices stay elevated on Friday morning in Asia amid extended conflict in the Middle East leading to disruption in oil market. The International Energy Agency (IEA) warned that the US-Israeli war on Iran was creating the largest supply disruption in the history of the global oil market. The IEA said on Wednesday that it will release a record 400 million barrels of oil in an attempt to curb the economic impact of the US-Israel war with Iran. Meanwhile, Iran's new supreme leader, Mojtaba Khamenei, said that the closure of the Strait of Hormuz maritime passage should be continued. US crude oil prices have risen more than 40% since the start of the war. Currently, WTI crude oil futures are quoting at $96.25 per barrel, up half a percent on the day and set for a weekly gain of around 6%. This follows an unprecedented 35.63% surge the previous week.

Powered by Commodity Insights

Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "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." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.