+0.1% to $US95.80 a tonneFinancial and health care stocks were among the biggest weights on the market. Citigroup fell 1.6 per cent and JohnsonEnergy stocks mostly rose as crude oil prices edged higher. Marathon Oil gained 3.5 per cent.Talks between Elon Musk and Twitter to reach a resolution of the $US44 billion takeovers are stuck in part over Musk’s statement that his offer is now contingent on receiving $US13 billion in debt financing. Shares in Twitter fell 2.4 per cent.
Shell slid 2.8 per cent after the oil major said its third-quarter profits would be pressured by a near-halving of oil refining margins, crumbling chemical margins and weaker natural gas trading. Peer BP was flat. Mining stocks slid 1.4 per cent with Anglo American leading losses as Berenberg cut the miner’s rating to “hold” from “buy”.
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