Brent crude traded around $99.9 a barrel on October 6, 2026.
WTI was near $88.8 a barrel.
A planned G7 release of 100 million barrels and recovering Middle East exports eased supply concerns.
Tanker and Houthi-related security risks remained, according to 5paisa.
Delhi petrol and diesel prices were unchanged.
The RBI’s Monetary Policy Committee announces its decision on Wednesday, October 7, and inflation stood at 4.82% in the preview.
A weak rupee and high crude prices have been part of the backdrop for the policy decision, according to Business Standard.
Petrol and diesel prices in Delhi were unchanged on October 6 at Rs 102.12 and Rs 95.20 a litre, according to Business Today and HDFC Sky.
Retail fuel prices in India do not move daily with crude, because oil marketing companies adjust them less often.
Brent is the international benchmark for crude oil, and WTI is the main US benchmark.
Brent usually trades at a premium to WTI, and the gap on October 6 was about $11 a barrel.
A strategic petroleum reserve is government-held emergency stock that can be released to ease a supply shortage.
The G7 is a group of seven large advanced economies that coordinate on issues including energy supply.
The Houthis are a Yemen-based group whose attacks on shipping have affected tanker routes in the region.
Brent crude was trading around $99.9 a barrel on Tuesday, October 6, 2026, below the previous session’s settlement of $100.32.
West Texas Intermediate, or WTI, was near $88.8 a barrel, compared with the previous NYMEX settlement of $89.43.
Recovering exports from the Middle East reduced immediate supply concerns, according to 5paisa.
A planned G7 release of 100 million barrels of crude and diesel from emergency inventories also eased the supply outlook.
Tanker and Houthi-related security risks remained, according to the same report.
Crude oil storage (representative image), Wikimedia Commons, public domain
