India's state-owned oil refining giants stepped up crude purchases last week, securing millions of barrels through separate tenders ... US West Texas Intermediate crude fell 80 cents, or 1.16%, to $67.89 a barrel ... .
Brokerages JPMorgan and Kotak Institutional Equities have both turned more constructive on the outlook for state-run fuel retailers, arguing that the sharp correction in oil prices has eased pressure... .
Brent crude fell nearly 2% at the open to $88.79 a barrel after ending the previous session at a two-month low, and is now trading at $86.70. US benchmark West Texas Intermediate traded near $89 a... .