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Despite slight changes in oil prices today, Brent and WTI Crude both experienced gains in their last trading sessions. Investors remain alert to the evolving US-Iran negotiations, as their outcomes are likely to sway market dynamics. Furthermore, Saudi Arabia has restarted oil tanker loading activities via its East-West Pipeline. Recent statistics presented a mixed bag regarding US crude inventory levels, influencing market attitudes.
Top stock market recommendations: Aakash K Hindocha, Vice President - Research, Nuvama Professional Clients Group/Nuvama Wealth has pickled DLF, Adani Green Energy, and PVR INOX as the top stocks to buy today on October 1, 2026.
The cost of 19-kg commercial LPG cylinders has surged by Rs 62.50, now totaling Rs 2,810. Similarly, aviation turbine fuel (ATF) prices have jumped by around Rs 16 per litre, reaching Rs 137. From October 1, 2026, users will need biometric Aadhaar authentication to book subsidized LPG refills. Failure to register will still allow access to LPG at market rates without any subsidies.
At the G20 trade ministers' meeting in Milwaukee, US trade representative Jamieson Greer discussed key trade issues with Indian minister Piyush Goyal. They focused on food security, steel overcapacity, and the Most-Favoured-Nation principle, which Greer suggested re-examining. Goyal emphasized the importance of distinguishing between legitimate measures and the weaponization of food supply chains. Discussions also included efforts toward finalizing an interim India-US Bilateral Trade Agreement, enhancing cooperation in manufacturing.
Under the India-UK agreement, the import tariff on British whisky was reduced to 75% from 150%, effectively cutting the rate by half. The tariff is scheduled to decline further to 40% over the next 10 years. However, the reduction in import duty does not result in a similar reduction in the final retail price.
Gold and silver price prediction today: MCX Gold has moved higher after taking support near the 147,000 levels, indicating renewed buying interest at lower levels. The price structure remains positive as gold continues to hold above its key support zone, suggesting that the broader uptrend is still intact.