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Oil Price - BP shares edge up despite hit from lower oil and gas prices

BP has faced mounting pressure to turnaround its underperforming share price this year, leading to a pivot back to oil and gas.

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Exclusive: European Commission to propose floating Russian oil price cap

The European Commission is expected to propose a floating Russian oil price cap this week as part of a new draft sanctions package in an attempt to overcome opposition from some member states, four EU diplomats said.

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