CORRECTED-UPDATE 9-(FROM WEDNESDAY) Oil down 1 pct on OPEC worry, offsetting U.S. inventory fall

NEW YORK, Oct 26 Oil settled down more than 1 percent on Wednesday even after a surprise drawdown in U.S. crude inventories, as traders remained cautious that OPEC would be able to cut production come late November.

6:15pm IST

Russia may force Rosneft to buys its own shares to support budget

MOSCOW, Oct 27 Russia's government wants to sell a state stake in oil giant Rosneft to "real investors" but may force the company to buy its own shares to prop up the country's budget, First Deputy Prime Minister Igor Shuvalov said on Thursday.

6:06pm IST

UPDATE 2-Nigeria says security first goal in oil roadmap -oil minister

ABUJA, Oct 27 Nigerian President Muhammadu Buhari will meet leaders of the restive Niger Delta in Abuja next week in an attempt to end an insurgency in the oil-producing region, the oil minister said.

5:37pm IST

UPDATE 1-Marathon Petroleum profit misses on lower margins

Oct 27 Marathon Petroleum Corp reported a smaller-than-expected quarterly profit as lower margins and realized prices continued to hurt its earnings.

5:35pm IST

RPT-COLUMN-Noisy short-term factors mask structural changes in Asia fuel markets: Russell

LAUNCESTON, Australia, Oct 27 One of the enduring features of pricing for crude oil and products is the tug-of-war between long-term structural drivers and short-term factors, a scenario currently being played out in Asian fuel markets.

5:30pm IST
BSE OIL & GAS -0.72%
BSE AUTO -1.36%
BSE POWER -0.45%
BSE-CG -0.56%


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Tata group accuses ousted chairman Mistry of malice

NEW DELHI/MUMBAI Tata Sons accused its former chairman, Cyrus Mistry, of levelling unsubstantiated claims and malicious allegations against the Indian conglomerate as the bitter and highly public row over his sacking escalated on Thursday.