XLE & Oil

India's Stock Market Feels the Heat From High Oil Prices

OilPrice.com·Oct 26, 2026 · 3:30 AM CT
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Readthrough summary

Indian stocks started the week lower as Brent topped $114, with the Sensex down 0.46% and Nifty 50 down 0.5% and 12 of 16 sectors in the red, Reuters reported. India, the world's third-largest crude importer, raised Middle East crude imports to 2.8 million barrels a day in September, 54% of its total.

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