Sensex: 76,991.22 (0.72%)

Nifty: 24,190.55 (0.70%)

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

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

Commodity News Details
Hot Commodities: WTI Crude eases after soaring 8% last week, Trump announces plan to escort ships in Hormuz
04-May-2026 11:36
Crude oil prices surged sharply last week, with WTI futures climbing above $110 per barrel to hit near four-year highs, as escalating US-Iran tensions raised fears of supply disruptions. Reports of potential US military action and continued naval blockade against Iran dampened hopes for a diplomatic resolution. UAE's decision to exit OPEC added to uncertainty over future supply dynamics. Oil was also supported as EIA noted that US crude oil inventories decreased by 6.2 million barrels during the week ending April 24. Global energy prices are expected to rise by approximately 24% this year, according to the baseline forecast, which anticipates that the most severe supply disruptions will end in May. World Bank's Commodity Markets Outlook noted that the effective closure of the Strait of Hormuz'which accounted for about one-third of global seaborne crude oil trade prior to the conflict'has caused a historic shock to energy and commodity markets. WTI Crude oil added around 8% last week and currently trades at $100.84 per barrel, down 1% on the day as the US President Donald Trump announced a plan to escort ships in Hormuz Strait. MCX Crude oil futures also fell under Rs 10000 per barrel following this and currently trades down 0.60% at Rs 9607 per barrel.

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.