Crude oil futures rise ₹94 to ₹8,898 per barrel; Brent breaches $100
The Hindu
Crude oil futures rise amid geopolitical tensions, with Brent surpassing $100 as supply concerns escalate from West Asia disruptions.
Crude oil prices rose by ₹94 to ₹8,898 per barrel in the futures trade on Friday (March 13, 2026) amid the widening conflict in West Asia and energy supply disruptions.
On the Multi Commodity Exchange (MCX), crude oil for March delivery appreciated by ₹94, or 1.07%, to ₹8,898 per barrel in a business turnover of 16,107 lots.
LPG and oil crisis LIVE: Domestic LPG production increases 30%, says Oil Ministry
The April contract also climbed by ₹108, or 1.24%, to ₹8,843 per barrel in 10,880 lots.
Analysts said oil prices rose as geopolitical tensions surrounding Iran and disruptions in shipping through the Strait of Hormuz have raised concerns over global supply.
In the international market, Brent Crude Oil futures for May delivery rose 0.66% to $101.12 per barrel, while West Texas Intermediate (WTI) crude for the April contract went up 0.15% to $95.87 per barrel in New York.
KTR urges Union HM Amit Shah to investigate alleged financial irregularities and benami dealings involving Telangana's Chief Minister.
Bengaluru faces an LPG crisis as booking systems crash amid soaring demand, leaving consumers frustrated and uncertain about deliveries.
A burglar nicknamed "Doremon" was arrested in Delhi, solving 11 cases and recovering stolen property, including a motorcycle.
The Nagercoil-Charlapalli Amrit Bharat Weekly Express receives a warm welcome in Thanjavur during its inaugural journey.
Tirunelveli SP designates a policeman for every village to collect intelligence inputs and for effective timely action
KKCCI requests improved railway services in Kalyana Karnataka, emphasizing the need for better connectivity and operational efficiency.
Panchayat secretary in Jogulamba Gadwal arrested for accepting a ₹15,000 bribe for housing scheme payments.
Durai Vaiko urges Tiruchi Railway Division to fix Tiruverumbur station's faulty information systems for better passenger communication.
Karnataka Minister M.B. Patil highlights financial challenges for Tier-II city airports post-UDAN scheme; proposes extending support for viability.
Information on colleges, admissions, scholarships, events, MoUs, and more
Farmers propose a project to divert surplus water from Mullapadi tank to rejuvenate Kolakkudi tank for irrigation needs.
Bengaluru police intensify efforts against illegal LPG cylinder hoarding amid crisis, inspecting over 50 warehouses with no suspicious findings.
Former DGP H.J. Dora of united Andhra Pradesh passes away at 83, leaving behind a legacy of police reform.