Crude prices fell about 3% for a second straight day on Wed following a 4.6 million barrel build in US distillates inventories
It will be a rupee mechanism wherein payment for imports from these countries will be made into a vostro account that will be then used to settle dues of domestic exporters
Rise in US bond yields came even as expectations on the Federal Reserve's monetary policy outlook hardly changed
US West Texas Intermediate futures were up 29 cents, or 0.7 per cent, at $45.19 a barrel
London Brent crude for November delivery was down 4 cents at $47.22 a barrel
Company's total income decreased 22.2% to Rs 2,461 crore during the period under review
Brent jumped almost 5 per cent, only to pare gains after Saudi Energy Minister said there was no need to freeze output for now
The global benchmark on Monday hit a near one-week high of $49.40 after the Russia-Saudi news
Oil prices soared almost 5 per cent ahead of a news conference by the ministers, but pared gains to trade up 2 per cent
Saudi Arabia and Russia are due to make a joint statement calling for cooperation to support oil markets
Manufacturing activities in parts of Asia, which accounts for most of the world's oil demand growth
US crude futures rose 25 cents to $44.95 a barrel, after falling $1.65, or 3.6 per cent
Brent crude oil futures were trading at $48.30 per barrel and WTI at $46.28
US West Texas Intermediate crude futures were down 16 cents, or 0.4 per cent, at $46.19 a barrel
With the shale oil revolution and the end of the petrodollar, the US is set to hit its enemies where it hurts the most - in their pockets
Brent crude settled down 66 cents, or 1.3 per cent, at $49.26 a barrel
Futures climbed 0.7 per cent Friday, trimming a weekly loss
Experts said that the market is jittery due to uncertainty over the outcome of next month's OPEC meet
US West Texas Intermediate crude was down 40 cents, or 0.84 per cent, at $47.01 per barrel
Brent crude futures were trading at $49.93 per barrel at 0641 GMT, down 95 cents, or 1.87 percent