Brent Crude & State Bank of India
73 shared events · Importance 13 · Last updated Aug 25, 2026
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International
Brent Crude: Brent Crude prices surged past $87 per barrel due to Strait of Hormuz tensions, raising concerns about global supply and adding to inflationary pressures.
State Bank of India: The RBI intervened in the forex market by selling dollars through state-run banks to support the rupee, preventing a sharper decline.
Aug 10, 2026 · 13 articles
Business
Brent Crude: Brent Crude is the key benchmark oil price hovering near USD 100, driving concerns for India's economy.
State Bank of India: The RBI released a bulletin noting the easing of India's crude oil basket price and highlighting the divergence between international and domestic fuel prices.
Jul 23, 2026 · 7 articles
Business
Brent Crude: Brent Crude has breached USD 85 per barrel due to artificial geopolitical factors, with potential to reach USD 100 if Strait of Hormuz disruptions continue. Expected range USD 70-100 over six months.
State Bank of India: The RBI is expected to aggressively intervene in currency markets to defend the rupee and is banking on capital inflows to cushion against oil shocks. Its MPC is likely to keep rates unchanged.
Jul 16, 2026 · 13 articles
Regulatory
Brent Crude: Elevated Brent Crude prices near $90 per barrel are a key driver of rupee pressure, as India is a major oil importer. The RBI's intervention helps mitigate the impact of higher oil prices on the currency.
State Bank of India: The central bank is the primary actor, intervening heavily to support the rupee and anchor its trading range. Its actions have stabilized the currency and boosted confidence, though they involve significant dollar sales.
Aug 10, 2026 · 25 articles
Business
Brent Crude: Brent Crude rose to $78.40/barrel due to Middle East tensions, adding to inflationary pressures and weighing on the rupee.
State Bank of India: The RBI is suspected to have intervened via state-run banks selling dollars, providing support to the rupee.
Jul 09, 2026 · 6 articles
Business
Brent Crude: Brent Crude crossed $100 per barrel, adding pressure on the rupee and contributing to negative market sentiment.
State Bank of India: The RBI likely intervened in the forex market to prevent further rupee depreciation, reportedly selling dollars through PSU banks.
Jul 24, 2026 · 12 articles
Business
Brent Crude: Brent Crude fell 1.11% to $78.48 per barrel, supporting the rupee and reducing import costs. Lower oil prices are positive for India's trade balance and inflation.
State Bank of India: The RBI's monetary policy decision is awaited, with expectations of a status quo on the repo rate at 5.25%. The central bank's tone on inflation will be crucial for the rupee and markets.
Aug 05, 2026 · 7 articles
Business
Brent Crude: Brent crude rose 0.30% to $92.45 per barrel, adding pressure on the rupee and contributing to market weakness.
State Bank of India: The RBI intervened through state-run banks to prevent a sharper rupee decline and mobilized $73 billion in forex inflows via swap facilities, supporting the currency.
Aug 25, 2026 · 8 articles
Domestic
Brent Crude: Brent Crude>>> prices have risen significantly, trading above $100 per barrel, which is a primary driver for the fuel price hikes in India>>>.
State Bank of India: The State Bank of India is expected to monitor the inflationary pressures and risks to household inflation expectations, potentially influencing future monetary policy decisions.
May 19, 2026 · 125 articles
Business
Brent Crude: Brent Crude prices fell below pre-West Asia conflict levels, easing supply concerns and reducing India's import bill, but later rose on renewed security concerns in the Strait of Hormuz.
State Bank of India: The RBI is expected to absorb a significant portion of foreign inflows, preventing full rupee appreciation, and its intervention limits further gains.
Jun 25, 2026 · 31 articles
Business
Brent Crude: Brent Crude traded lower at $93.56 per barrel, but elevated prices and supply disruptions weigh on the rupee and global markets.
State Bank of India: The RBI expects at least $80 billion in foreign currency inflows and has mobilized $56.85 billion so far, providing some support to the rupee.
Aug 21, 2026 · 15 articles
International
Brent Crude: Brent Crude prices rose due to the Israel-Lebanon conflict, which is a significant factor in the depreciation of the India — Indian rupee.
State Bank of India: The State Bank of India intervened in the market by selling United Statess to prevent the India — Indian rupee from depreciating further, and its forex reserves dropped significantly.
Jun 01, 2026 · 9 articles
Business
Brent Crude: Brent Crude rose 1.6% to $85.58/barrel due to West Asia tensions, pressuring the rupee and inflation.
State Bank of India: RBI likely intervened to halt rupee's decline, stabilizing the currency.
Jul 17, 2026 · 20 articles
Business
Brent Crude: Brent Crude futures fell 0.98% to $88.16 per barrel, partly due to demand concerns and geopolitical factors.
State Bank of India: Expected intervention by the RBI supported the rupee, helping stabilize the currency amid market volatility.
Jul 31, 2026 · 6 articles
International
Brent Crude: Brent crude prices have risen sharply due to the Iran war and the closure of the Strait of Hormuz, impacting global inflation and economic outlook.
State Bank of India: The State Bank of India has implemented measures to contain the impact of the Iran war on the rupee and foreign exchange reserves, but faces increasing pressure to address inflation and slowing economic growth.
May 05, 2026 · 374 articles
Business
Brent Crude: Brent Crude traded 1.22% lower at $87.89 per barrel, but elevated levels near $88 continue to pressure the rupee and increase import costs for India.
State Bank of India: The RBI has been continuously backing the rupee at 95.41-95.45, providing support to the currency amid depreciation pressure. This intervention helps stabilize the rupee but may affect reserves.
Aug 13, 2026 · 13 articles
International
Brent Crude: Brent Crude is a benchmark for oil prices. Its price staying below $85/bbl is seen as beneficial for India, but a full normalization of the Strait of Hormuz could cause its price to crash.
State Bank of India: The State Bank of India is supporting the India — Indian rupee by opening the debt market to FPIs and may intervene to rebuild reserves, limiting appreciation.
Jul 06, 2026 · 6 articles
Business
Brent Crude: Brent Crude prices continued their downward trend, trading at USD 70.54 per barrel, which supported overall positive market sentiment for equity indices.
State Bank of India: Clarity from the State Bank of India on the FCNR(B) deposit swap scheme led to private banks advancing, indicating increased policy flexibility due to improving economic dynamics.
Jun 12, 2026 · 52 articles
International
Brent Crude: Rising Brent Crude>>> prices increased India's import bill, putting pressure on the India — Indian rupee>>> and contributing to its depreciation.
State Bank of India: The State Bank of India>>>'s Monetary Policy Committee meeting is a key event that investors are watching, as its decisions could influence currency movements and potentially intervene to support the India — Indian rupee>>>.
Jun 01, 2026 · 9 articles
International
Brent Crude: Brent Crude prices dropped following reports of a potential deal, reflecting market expectations of improved oil supply through the Strait of Hormuz.
State Bank of India: The State Bank of India>>> has been using various tools to stabilize the India — Indian rupee>>> and its upcoming policy meeting is crucial for investor confidence.
May 27, 2026 · 101 articles
International
Brent Crude: Surged from around $88 to above $98 per barrel due to geopolitical tensions, raising inflation concerns.
State Bank of India: Fell among Sensex laggards, impacted by banking sector selloff.
Jul 06, 2026 · 105 articles
Business
Brent Crude: Brent crude was marginally up at $79.52 per barrel, with moderation in prices supporting market sentiment.
State Bank of India: State Bank of India gained, supported by positive sentiment in banking stocks.
Aug 06, 2026 · 6 articles
Domestic
Brent Crude: Brent Crude rose 0.47% to $88.94 per barrel, which could increase India's import bill and add to inflationary pressures, indirectly affecting the rupee and the economy.
State Bank of India: The RBI brought forward the cut-off date for its FCNR (B) swap facility to August 31, 2026, from September 30, aiming to manage forex inflows. This decision has reduced near-term support for the rupee and is seen as a cautious move by the central bank.
Aug 17, 2026 · 7 articles
Business
Brent Crude: Crude oil prices remained elevated above $80 per barrel, adding to inflationary pressures and market caution.
State Bank of India: The public sector bank's stock rose, outperforming private banks.
Aug 07, 2026 · 6 articles
International
Brent Crude: Brent prices rose on supply concerns, trading around $87 per barrel, with weekly gains of about 4%.
State Bank of India: The RBI intervened in forex markets to support the rupee.
Jul 15, 2026 · 127 articles
Business
Brent Crude: Global oil benchmark rose above $84-90 per barrel during the period, driving the market decline.
State Bank of India: Bank stock was among the winners on August 12.
Aug 10, 2026 · 10 articles
International
Brent Crude: Brent Crude prices rose, contributing to the weakening of the India — Indian rupee and impacting investor sentiment due to increased import costs for India.
State Bank of India: The State Bank of India's Monetary Policy Committee meeting is anticipated, with market participants focusing on its decision regarding inflation, growth, and the India — Indian rupee.
Jun 02, 2026 · 125 articles
Business
Brent Crude: Benchmark; if below USD 90, rupee could strengthen; above USD 100 would pressure currency.
State Bank of India: Dollar absorption supports orderly rupee appreciation.
Aug 03, 2026 · 6 articles
Business
Brent Crude: Brent Crude prices are expected to decline, which is a key factor in Goldman Sachs' revised economic forecasts for India, easing inflationary and fiscal pressures.
State Bank of India: The State Bank of India's monetary policy decisions and forecasts are mentioned in the context of the broader economic outlook for India.
Jun 26, 2026 · 20 articles
International
Brent Crude: Brent Crude>>> prices surged by 3.43% to USD 96.28 per barrel following Iran>>>'s missile launches toward Israel>>>, indicating increased geopolitical risk and impacting global energy markets.
State Bank of India: The State Bank of India>>> announced measures to support foreign capital inflows and strengthen forex liquidity, which had previously led to an appreciation of the India — Indian rupee>>>.
Jun 08, 2026 · 10 articles
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