![\"Crude](\"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2026\/05\/Crude-Oil-impact-on-Indian-Markets-2.png\")
<\/p>\n
Why Crude Oil Matters for Indian Markets<\/h2>\n\n- India imports more than 80% of its crude oil needs<\/strong>, so global oil prices directly impact the economy.<\/li>\n
- When crude oil prices fall:\n
\n- India\u2019s import bill comes down<\/li>\n
- Inflation pressure reduces<\/li>\n
- The rupee gets support<\/li>\n
- Current account deficit improves<\/li>\n<\/ul>\n<\/li>\n
- Lower crude prices are usually positive for the stock market because many companies see lower operating costs.<\/li>\n<\/ul>\n
Sectors That Benefit From Lower Crude Prices<\/h3>\n\n- Oil Marketing Companies (OMCs)<\/strong>
Companies like Hindustan Petroleum Corporation<\/span><\/span>, Bharat Petroleum Corporation<\/span><\/span> and Indian Oil Corporation<\/span><\/span> benefit from:\n\n- Better marketing margins<\/li>\n
- Lower inventory losses<\/li>\n
- Reduced working capital pressure<\/li>\n<\/ul>\n<\/li>\n
- Airline Stocks<\/strong>
Airlines like InterGlobe Aviation<\/span><\/span> benefit because fuel is one of their biggest expenses.<\/li>\n- Tyre Stocks<\/strong>
Companies such as JK Tyre & Industries<\/span><\/span>, Apollo Tyres<\/span><\/span> and CEAT<\/span><\/span> gain because synthetic rubber and several raw materials are linked to crude oil prices.<\/li>\n- Paint Stocks<\/strong>
Paint makers like Asian Paints<\/span><\/span> and Berger Paints India<\/span><\/span> benefit because many chemicals used in paints are crude-based derivatives.<\/li>\n<\/ul>\nBroader Economic Benefits<\/h3>\n
Lower oil prices can also:<\/p>\n
\n- Improve corporate profits<\/li>\n
- Boost consumer spending<\/li>\n
- Reduce transportation costs<\/li>\n
- Support economic growth<\/li>\n
- Improve overall market sentiment<\/li>\n<\/ul>\n
That is why falling crude oil prices often trigger rallies in crude-sensitive sectors and support broader Indian equity markets.<\/p>\n
Read More<\/span> : 6th Straight Week of Outflows: Is the AI Trade Losing Steam as FIIs Slow India Selling?<\/a><\/p>\nCrude Below $100: HPCL, BPCL and IOC Lead the Rally After Oil Price Crash<\/h2>\n
Oil marketing companies witnessed aggressive buying during early trade.<\/p>\n
Hindustan Petroleum Corporation Limited<\/span><\/span> surged more than 4.5 percent to Rs 407.25.<\/p>\nBharat Petroleum Corporation Limited<\/span><\/span> gained nearly 3.7 percent to Rs 306.45.<\/p>\nIndian Oil Corporation<\/span><\/span> advanced over 3 percent to Rs 144.<\/p>\nThe rally came after Brent crude futures dropped 4.6 percent to around $98.83 per barrel, while U.S. WTI crude fell close to 5 percent to nearly $92 a barrel.<\/p>\n
For traders, the move was significant because lower crude prices directly improve marketing margins and reduce inventory pressure for oil marketing companies.<\/p>\n
Tyre Stocks Witness Strong Buying Interest<\/h2>\n
Tyre companies also became major market outperformers after crude prices corrected sharply.<\/p>\n
JK Tyre & Industries<\/span><\/span> jumped 4.5 percent during the session.<\/p>\nCEAT<\/span><\/span> gained around 2.3 percent.<\/p>\nApollo Tyres<\/span><\/span> rose nearly 2 percent.<\/p>\nInvestors turned bullish on tyre makers because several raw materials used in tyre manufacturing are crude-linked. Lower oil prices generally help improve operating margins for these companies.<\/p>\n
Indian Tyre Stocks: Current Share Price & Daily Change<\/h3>\n\n\n\n\n\nCompany<\/th>\n Current Stock Price<\/th>\n Change (%)<\/th>\n<\/tr>\n<\/thead>\n \n\nMRF<\/span><\/span><\/a><\/td>\n \u20b91,28,960.00<\/td>\n +1.72%<\/td>\n<\/tr>\n \nBalkrishna Industries<\/span><\/span><\/a><\/td>\n \u20b92,230.00<\/td>\n +0.98%<\/td>\n<\/tr>\n \nApollo Tyres<\/span><\/span><\/a><\/td>\n \u20b9387.60<\/td>\n +4.25%<\/td>\n<\/tr>\n \nCEAT<\/span><\/span><\/a><\/td>\n \u20b93,325.10<\/td>\n +2.10%<\/td>\n<\/tr>\n \nJK Tyre & Industries<\/span><\/span><\/a><\/td>\n \u20b9385.30<\/td>\n +4.82%<\/td>\n<\/tr>\n \nGoodyear India<\/span><\/span><\/td>\n \u20b9743.90<\/td>\n +0.80%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\nAirline and Paint Stocks Also Benefited<\/h2>\n
The positive sentiment spread across other crude-sensitive sectors as well.<\/p>\n
InterGlobe Aviation<\/span><\/span>, the parent company of IndiGo, climbed around 1.6 percent as lower aviation turbine fuel (ATF) costs could reduce operating expenses.<\/p>\nPaint companies also traded firmly.<\/p>\n
Asian Paints<\/span><\/span> and Berger Paints India<\/span><\/span> gained nearly 1 percent each, while Kansai Nerolac Paints<\/span><\/span> also moved higher.<\/p>\nFor paint makers, softer crude prices help reduce input costs because many chemical-based raw materials are petroleum derivatives.<\/p>\n
Indian Airline Stocks: Current Share Price & Daily Change<\/h3>\n\n\n\n\n\nCompany<\/th>\n Current Stock Price<\/th>\n Change (%)<\/th>\n<\/tr>\n<\/thead>\n \n\nInterGlobe Aviation<\/span><\/span><\/a><\/td>\n \u20b94<\/span>,<\/span>5<\/span>0<\/span>3<\/span>\u00a0.<\/span>7<\/span>0<\/span><\/td>\n +1.49%<\/td>\n<\/tr>\n \n<\/td>\n <\/td>\n <\/td>\n<\/tr>\n \n<\/td>\n <\/td>\n <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\nIndian Paint Stocks: Current Share Price & Daily Change<\/h3>\n\n\n\n\n\nCompany<\/th>\n Current Stock Price<\/th>\n Change (%)<\/th>\n<\/tr>\n<\/thead>\n \n\nAsian Paints<\/span><\/span><\/a><\/td>\n \u20b92,666.20<\/td>\n +1.00%<\/td>\n<\/tr>\n \nBerger Paints India<\/span><\/span><\/a><\/td>\n \u20b9507.25<\/td>\n +1.22%<\/td>\n<\/tr>\n \nKansai Nerolac Paints<\/span><\/span><\/a><\/td>\n \u20b9219.72<\/td>\n +0.82\u00a0%<\/td>\n<\/tr>\n \n<\/td>\n <\/td>\n <\/td>\n<\/tr>\n \nIndigo Paints<\/span><\/span><\/a><\/td>\n \u20b9990.10<\/td>\n -1.33%<\/td>\n<\/tr>\n \nShalimar Paints<\/span><\/span><\/a><\/td>\n \u20b951.80<\/td>\n +3.41%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nLast 5 Years Brent Crude Oil Prices and Top Oil Producing Countries<\/h2>\n
Global crude oil prices are determined by international benchmarks such as Brent crude rather than country-specific pricing. Over the last five years, Brent crude prices surged sharply during the Russia-Ukraine war before moderating as global demand slowed and supply conditions improved. Brent remains the world\u2019s most widely used oil benchmark for international energy trade.<\/p>\n
Average Annual Brent Crude Oil Prices (Last 5 Years)<\/h3>\n\n\n\n\n\nYear<\/th>\n Average Brent Crude Price (USD\/Barrel)<\/th>\n<\/tr>\n<\/thead>\n \n\n2025<\/td>\n $69.14<\/strong><\/td>\n<\/tr>\n\n2024<\/td>\n $80.52<\/strong><\/td>\n<\/tr>\n\n2023<\/td>\n $82.49<\/strong><\/td>\n<\/tr>\n\n2022<\/td>\n $100.93<\/strong><\/td>\n<\/tr>\n\n2021<\/td>\n $70.86<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\nBrent crude crossed the $100-per-barrel mark in 2022 following supply disruptions caused by the Russia-Ukraine conflict before easing during 2023\u20132025 as global demand weakened and supply conditions improved.<\/p>\n
2026 Oil Price Update<\/h2>\n
Global crude oil prices have again moved below the crucial $100-per-barrel mark in 2026 after a sharp decline triggered by easing geopolitical tensions and improving supply expectations.<\/p>\n
- \n
- India\u2019s import bill comes down<\/li>\n
- Inflation pressure reduces<\/li>\n
- The rupee gets support<\/li>\n
- Current account deficit improves<\/li>\n<\/ul>\n<\/li>\n
- Lower crude prices are usually positive for the stock market because many companies see lower operating costs.<\/li>\n<\/ul>\n
Sectors That Benefit From Lower Crude Prices<\/h3>\n
- \n
- Oil Marketing Companies (OMCs)<\/strong>
Companies like Hindustan Petroleum Corporation<\/span><\/span>, Bharat Petroleum Corporation<\/span><\/span> and Indian Oil Corporation<\/span><\/span> benefit from:\n- \n
- Better marketing margins<\/li>\n
- Lower inventory losses<\/li>\n
- Reduced working capital pressure<\/li>\n<\/ul>\n<\/li>\n
- Airline Stocks<\/strong>
Airlines like InterGlobe Aviation<\/span><\/span> benefit because fuel is one of their biggest expenses.<\/li>\n- Tyre Stocks<\/strong>
Companies such as JK Tyre & Industries<\/span><\/span>, Apollo Tyres<\/span><\/span> and CEAT<\/span><\/span> gain because synthetic rubber and several raw materials are linked to crude oil prices.<\/li>\n- Paint Stocks<\/strong>
Paint makers like Asian Paints<\/span><\/span> and Berger Paints India<\/span><\/span> benefit because many chemicals used in paints are crude-based derivatives.<\/li>\n<\/ul>\nBroader Economic Benefits<\/h3>\n
Lower oil prices can also:<\/p>\n
- \n
- Improve corporate profits<\/li>\n
- Boost consumer spending<\/li>\n
- Reduce transportation costs<\/li>\n
- Support economic growth<\/li>\n
- Improve overall market sentiment<\/li>\n<\/ul>\n
That is why falling crude oil prices often trigger rallies in crude-sensitive sectors and support broader Indian equity markets.<\/p>\n
Read More<\/span> : 6th Straight Week of Outflows: Is the AI Trade Losing Steam as FIIs Slow India Selling?<\/a><\/p>\n
Crude Below $100: HPCL, BPCL and IOC Lead the Rally After Oil Price Crash<\/h2>\n
Oil marketing companies witnessed aggressive buying during early trade.<\/p>\n
Hindustan Petroleum Corporation Limited<\/span><\/span> surged more than 4.5 percent to Rs 407.25.<\/p>\n
Bharat Petroleum Corporation Limited<\/span><\/span> gained nearly 3.7 percent to Rs 306.45.<\/p>\n
Indian Oil Corporation<\/span><\/span> advanced over 3 percent to Rs 144.<\/p>\n
The rally came after Brent crude futures dropped 4.6 percent to around $98.83 per barrel, while U.S. WTI crude fell close to 5 percent to nearly $92 a barrel.<\/p>\n
For traders, the move was significant because lower crude prices directly improve marketing margins and reduce inventory pressure for oil marketing companies.<\/p>\n
Tyre Stocks Witness Strong Buying Interest<\/h2>\n
Tyre companies also became major market outperformers after crude prices corrected sharply.<\/p>\n
JK Tyre & Industries<\/span><\/span> jumped 4.5 percent during the session.<\/p>\n
CEAT<\/span><\/span> gained around 2.3 percent.<\/p>\n
Apollo Tyres<\/span><\/span> rose nearly 2 percent.<\/p>\n
Investors turned bullish on tyre makers because several raw materials used in tyre manufacturing are crude-linked. Lower oil prices generally help improve operating margins for these companies.<\/p>\n
Indian Tyre Stocks: Current Share Price & Daily Change<\/h3>\n
\n\n\n\n
\n \nCompany<\/th>\n Current Stock Price<\/th>\n Change (%)<\/th>\n<\/tr>\n<\/thead>\n \n MRF<\/span><\/span><\/a><\/td>\n \u20b91,28,960.00<\/td>\n +1.72%<\/td>\n<\/tr>\n \n Balkrishna Industries<\/span><\/span><\/a><\/td>\n \u20b92,230.00<\/td>\n +0.98%<\/td>\n<\/tr>\n \n Apollo Tyres<\/span><\/span><\/a><\/td>\n \u20b9387.60<\/td>\n +4.25%<\/td>\n<\/tr>\n \n CEAT<\/span><\/span><\/a><\/td>\n \u20b93,325.10<\/td>\n +2.10%<\/td>\n<\/tr>\n \n JK Tyre & Industries<\/span><\/span><\/a><\/td>\n \u20b9385.30<\/td>\n +4.82%<\/td>\n<\/tr>\n \n Goodyear India<\/span><\/span><\/td>\n \u20b9743.90<\/td>\n +0.80%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n Airline and Paint Stocks Also Benefited<\/h2>\n
The positive sentiment spread across other crude-sensitive sectors as well.<\/p>\n
InterGlobe Aviation<\/span><\/span>, the parent company of IndiGo, climbed around 1.6 percent as lower aviation turbine fuel (ATF) costs could reduce operating expenses.<\/p>\n
Paint companies also traded firmly.<\/p>\n
Asian Paints<\/span><\/span> and Berger Paints India<\/span><\/span> gained nearly 1 percent each, while Kansai Nerolac Paints<\/span><\/span> also moved higher.<\/p>\n
For paint makers, softer crude prices help reduce input costs because many chemical-based raw materials are petroleum derivatives.<\/p>\n
Indian Airline Stocks: Current Share Price & Daily Change<\/h3>\n
\n\n\n\n
\n \nCompany<\/th>\n Current Stock Price<\/th>\n Change (%)<\/th>\n<\/tr>\n<\/thead>\n \n InterGlobe Aviation<\/span><\/span><\/a><\/td>\n \u20b94<\/span>,<\/span>5<\/span>0<\/span>3<\/span>\u00a0.<\/span>7<\/span>0<\/span><\/td>\n +1.49%<\/td>\n<\/tr>\n \n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n \n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n Indian Paint Stocks: Current Share Price & Daily Change<\/h3>\n
\n\n\n\n
\n \nCompany<\/th>\n Current Stock Price<\/th>\n Change (%)<\/th>\n<\/tr>\n<\/thead>\n \n Asian Paints<\/span><\/span><\/a><\/td>\n \u20b92,666.20<\/td>\n +1.00%<\/td>\n<\/tr>\n \n Berger Paints India<\/span><\/span><\/a><\/td>\n \u20b9507.25<\/td>\n +1.22%<\/td>\n<\/tr>\n \n Kansai Nerolac Paints<\/span><\/span><\/a><\/td>\n \u20b9219.72<\/td>\n +0.82\u00a0%<\/td>\n<\/tr>\n \n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n \n Indigo Paints<\/span><\/span><\/a><\/td>\n \u20b9990.10<\/td>\n -1.33%<\/td>\n<\/tr>\n \n Shalimar Paints<\/span><\/span><\/a><\/td>\n \u20b951.80<\/td>\n +3.41%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n Last 5 Years Brent Crude Oil Prices and Top Oil Producing Countries<\/h2>\n
Global crude oil prices are determined by international benchmarks such as Brent crude rather than country-specific pricing. Over the last five years, Brent crude prices surged sharply during the Russia-Ukraine war before moderating as global demand slowed and supply conditions improved. Brent remains the world\u2019s most widely used oil benchmark for international energy trade.<\/p>\n
Average Annual Brent Crude Oil Prices (Last 5 Years)<\/h3>\n
\n\n\n\n
\n \nYear<\/th>\n Average Brent Crude Price (USD\/Barrel)<\/th>\n<\/tr>\n<\/thead>\n \n 2025<\/td>\n $69.14<\/strong><\/td>\n<\/tr>\n \n 2024<\/td>\n $80.52<\/strong><\/td>\n<\/tr>\n \n 2023<\/td>\n $82.49<\/strong><\/td>\n<\/tr>\n \n 2022<\/td>\n $100.93<\/strong><\/td>\n<\/tr>\n \n 2021<\/td>\n $70.86<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n Brent crude crossed the $100-per-barrel mark in 2022 following supply disruptions caused by the Russia-Ukraine conflict before easing during 2023\u20132025 as global demand weakened and supply conditions improved.<\/p>\n
2026 Oil Price Update<\/h2>\n
Global crude oil prices have again moved below the crucial $100-per-barrel mark in 2026 after a sharp decline triggered by easing geopolitical tensions and improving supply expectations.<\/p>\n
- Tyre Stocks<\/strong>
- Oil Marketing Companies (OMCs)<\/strong>