Brent rises to $109.64 on Middle East risks: India fuel watch
Brent crude futures rose 85 cents to $109.64 a barrel on 21 October as shipping and Saudi infrastructure risks returned. Here is…
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In this short
- FUEL POLICY Brent rises as supply risks widen Global crude moved higher on fresh Middle East supply concerns; Indian drivers should watch the pass-through.
- WHAT MOVED Brent futures gained in early trade $109.64 Reuters and Moneycontrol reported the benchmark level at 0022 GMT on 21 October.
- WHY IT MATTERS Shipping risks lift market premium 0.78% The rise was linked to Red Sea shipping concerns and threats to Saudi infrastructure.
- DRIVER CHECK Local pump prices follow more than crude 6 AM Indian Oil says its daily petrol and diesel price cycle is applied at 6am; taxes and the rupee also matter.
- READ THE FULL STORY Track your fuel cost next Use live city rates and a trip calculator before you plan a refill or drive.
- READ THE FULL STORY Get the full breakdown Sources, numbers and what to watch next.