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Crude Oil

European stocks kick off 2024 with gains as oil companies climb

European stocks gained on the first day of trading in 2024, with energy shares advancing as crude oil prices rose amid increased tensions over...

Oil prices slip as bearish China data fuels demand concerns

Oil prices eased on Wednesday as concerns over slow demand from top crude importer China grew after bearish trade and inflation data, eclipsing fears...

Russia pledges to reduce oil exports in August after Saudi extends voluntary cut

Russia plans to cut crude export flows next month in an effort to keep the global market balanced, according to Deputy Prime Minister Alexander...

OMV Petrom makes largest crude oil discovery in decades

Romanian oil and gas group OMV Petrom, majority-controlled by Austria's OMV, said on Tuesday it discovered new crude oil and natural gas deposits equal...