{"id":120633,"date":"2026-06-17T12:38:03","date_gmt":"2026-06-17T07:08:03","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=120633"},"modified":"2026-06-17T12:38:04","modified_gmt":"2026-06-17T07:08:04","slug":"apollo-tyres-share-price-bpcl-crude-below-80","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/apollo-tyres-share-price-bpcl-crude-below-80\/","title":{"rendered":"Apollo Tyres Share Price Jumps 5.7% on 17 June 2026 as Brent Crude Slides Below $80 per Barrel After US-Iran Peace Deal Eases Supply Fears"},"content":{"rendered":"
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Apollo Tyres share price Rs 440.10, +5.68% (17 Jun). BPCL Rs 318.30, +1.99%. CEAT Rs 3,460, +1.03%. Brent crude below $80\/bbl. US-Iran peace deal eases Strait of Hormuz supply risk.<\/em><\/p>\n

Apollo Tyres share price climbed approximately 5.68% to Rs 440.10 on 17 June 2026 as Brent crude oil slid below the psychologically important $80 per barrel mark, continuing a sharp decline that began after the US-Iran peace deal framework was announced. The fall in crude prices is a direct positive for tyre manufacturers like Apollo Tyres, which rely on crude-linked raw materials including synthetic rubber, carbon black and petrochemical compounds for approximately 60-65% of total production costs. Apollo Tyres share price touched an intraday high of Rs 443.90 against a previous close of Rs 416.45. Oil marketing companies also rallied, with BPCL (Bharat Petroleum Corporation) gaining approximately 2% to Rs 318.30. CEAT rose 1% to Rs 3,460 and Balkrishna Industries gained 1.1% to Rs 2,256. The Nifty Auto and Nifty Energy indices also registered gains on the crude fall, while upstream producers ONGC and Oil India declined as lower crude prices compress their realisations.<\/p>\n

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