Crude Price

While OPEC's first priority is to put a floor under a near-$100.

US crude for December delivery was trading $1.10 lower at $58.21 by 0900 GMT.

ONGC has not tried to renegotiate its takeover bid price for Imperial Energy.

The euro gained to $1.2848 today from 1.2715 on Friday.

World oil prices extended losses in Asian trade today.

Oil rose towards $70 a barrel on Thursday, building on its more than 7% surge.

Government is not considering reduction in prices of petrol, diesel and domestic

Crude futures in London and New York have plunged close to 60 per cent.