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LSE:ROSN 3 February 2026

Crude oil price today: Brent steadies near $66 after a 4% slide as Iran talks loom

Crude oil price today: Brent steadies near $66 after a 4% slide as Iran talks loom

Singapore, Feb 3, 2026, 19:32 SGT — Regular session Oil prices found some footing on Tuesday after tumbling sharply the day before. Traders eased up on geopolitical jitters, refocusing on supply concerns and the strength of the dollar. By 1048 GMT, Brent crude futures inched up 7 cents to $66.37 a barrel. U.S. West Texas Intermediate climbed 13 cents to $62.27. Both benchmarks had earlier slipped to one-week lows—Brent at $65.19, WTI at $61.12.
3 February 2026
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Stock Market Today

  • Jefferies Starts MCX at Buy, Sees Shares Climbing 27% From Here
    July 1, 2026, 2:28 AM EDT. Jefferies kicked off coverage on Multi Commodity Exchange of India Ltd (MCX) with a Buy rating and set a price target at Rs 3,600-27% above the current Rs 2,841. MCX, though just a fifth the size of NSE by individual equity derivative traders, almost monopolizes non-agri commodity contracts. Jefferies projects a 20% CAGR in revenue to Rs 400 billion by FY29 and expects 22% annual EPS growth, with margins hitting 73%. The firm points to more retail activity and new mini contracts ahead for India's commodity derivatives market, where MCX already dominates. Shares trade at 46x FY27 P/E, below both U.S. and Asian comparables, so Jefferies sees the stock as undervalued for its growth.
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