Oil suffers worst loss since mid-July, but manages weekly gainMarketWatchOil futures on Friday suffered from their worst one-day loss since mid-July, paring a weekly gain, after a Saudi Arabian delegate reportedly said oil producers aren't likely to ma …

MarketWatchOil traders listen to OPEC talk, wait for actionMarketWatchMembers of OPEC, non-OPEC Russia and other oil producers will meet Sept. 28 on the sidelines of the International Energy Forum in Algeria and it could end just like the summit in Doha di …

Business InsiderOil Plunges As Oil Rig Count Rises To Seven Month HighsOilPrice.comThe domestic oil rig count now stands at 418; this time last year, 641 oil rigs were active. The depleted gas count tells the same story; currently 92 gas rigs are in produc …

ReutersIndia cuts import taxes on wheat, palm oil, refined oilsReutersNEW DELHI India has cut import taxes on wheat, crude palm oil and refined vegetable oils, a finance ministry order showed on Friday, as part of efforts to curb food inflation. New Delhi …