Splits at Opec escalates oil market crisis as Brent, WTI futures register massive intraday declines.
Oil giant posts replacement cost profit of $933m in third quarter.
Oil futures took a hammering following reports of splits within Opec ranks.
Brent, WTI rally after report suggests Opec members may be willing to cut individual production by as much as 4%.
Greater than expected decline in US crude stockpiles for sixth successive week sparks oil futures market frenzy.
Oil price registers modest movement as Saudi data points to lower crude production.
An early election is now predicted in the country.
Oil benchmarks saw another volatile session after data pointing to supply drops neutralised crude inventories build-up stateside.
Oil benchmarks slide on oversupply sentiment, while precious metals struggle against a stronger dollar.
Gold, silver benchmarks drop further, while oil futures retreat from recent highs on profit-taking.
Dollar bull-run sends precious metals lower, while oil benchmarks shed gains triggered by Putin's willingness to cooperate with Opec.
Russian president says Kremlin is willing to join Opec's effort to cut oil production.
Brent and WTI see marginal declines, while precious metals resume recovery run.
Strong dollar clobbers precious metals, while oil futures continued to rally for fourth successive session.
Indian markets declined amid surgical strikes by the Indian forces on Pakistan-administered Kashmir region.
Brent crude rose to $49 a barrel on the news after a meeting of the cartel in Algeria.
Brent and WTI rallied on Algerian energy minister's claim that a production freeze agreement was on the horizon.
Boss of state-owned fuel behemoth also expects oil market to remain volatile in the near future.
Algerian oil minister Noureddine Bouterfa hopes to achieve 'elements of an agreement'.
Crude futures continued to falter as Opec's monthly report pointed to rising global oil supplies
The two countries account for more than 25% of the world's crude oil production.
Futures rose by 1.5% after two of the world's leading producers agree to try to stabilise global supply.