Advertisement
Australia markets closed
  • ALL ORDS

    8,076.70
    +11.20 (+0.14%)
     
  • AUD/USD

    0.6565
    -0.0035 (-0.54%)
     
  • ASX 200

    7,804.50
    +11.20 (+0.14%)
     
  • OIL

    77.47
    -0.91 (-1.16%)
     
  • GOLD

    2,323.80
    -0.40 (-0.02%)
     
  • Bitcoin AUD

    94,928.38
    -1,984.29 (-2.05%)
     
  • CMC Crypto 200

    1,318.71
    +24.03 (+1.86%)
     

Glencore, Qatari fund to buy stake in Rosneft

Russia has sold a stake in oil giant Rosneft for 10.5 billion euros ($11.3 billion) to Qatar and commodities trader Glencore, confounding expectations that the Kremlin's standoff with the West would scare off major investors. Sonia Legg reports.