Energy

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UPDATE 6-Brent crude oil slips below $66 before long weekend

* Coming up: Baker Hughes rig count at 1700 GMT (Updates prices, detail; paragraphs 1, 4-5, 7)

7:41pm IST

UPDATE 3-Suicide bomber strikes Saudi Shi'ite mosque, many dead or wounded

DUBAI, May 22 - A suicide bomber blew himself up at a Shi'ite mosque in eastern Saudi Arabia during Friday prayers, residents said, killing around 20 people and wounding more than 50, local residents and a hospital officials said.

6:58pm IST

UPDATE 2-India plans new oil subsidy rules to push ONGC stake sale

* Discount to rise to 90 pct on incremental price beyond $100/bbl (Adds comments from finance ministry official and ONGC chairman)

6:57pm IST

Iraq exports hold close to record high in May

LONDON, May 22 - Iraq's oil exports have held above 3 million barrels per day (bpd) so far in May, according to loading data and an industry source, keeping shipments from OPEC's second-largest producer close to a record high.

6:34pm IST

EU, ex-Soviet states agree summit declaration

RIGA, May 22 - Leaders of the European Union and six former Soviet republics concluded a summit in Riga on Friday by issuing a joint declaration on maintaining their "Eastern Partnership", despite differences on key issues.

6:12pm IST
BSE OIL & GAS +0.60%
BSE BANKEX -0.42%
BSE METALS -0.18%
BSE REALTY -0.25%
BSE AUTO +0.27%
BSE POWER +0.17%
BSE-CG +0.78%

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India's top bank SBI says bad loan pressure easing

MUMBAI/KOLKATA - State Bank of India, the nation's top lender by assets, posted better-than-expected quarterly bad debt levels on Friday and said it now expected an improvement, a long-awaited sign of easing pressure that helped its shares jump over five percent.