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European states sign pledge to protect North Sea infrastructure

By Sudip Kar-Gupta LONDON (Reuters) – Britain and other major European countries with maritime borders on the North Sea on Tuesday signed an agreement to work together to protect underwater.

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US Gulf Coast heavy crude oil prices firm as supplies tighten

By Arathy Somasekhar HOUSTON (Reuters) – Prices for heavier crude oil along the U.S. Gulf Coast have climbed in recent weeks, trading at a rare near-par with lighter oil, a sign of.

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Ukraine races to fix and shield its power plants after Russian onslaught

By Anastasiia Malenko UNDISCLOSED LOCATION, Ukraine (Reuters) – When a Russian attack plunged a Ukrainian thermal power plant into darkness on March 29, 51-year-old Ihor did not have time to.

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India’s fuel demand up around 5% in FY24, at a record high driven by auto fuel and naphtha sales

India witnessed a slight dip in fuel consumption, falling by 0.6 percent year-on-year (YoY) in March. However, fuel demand for FY24 surged by about 5 percent, primarily led by increased.

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Despite $90 crude, US oil output capped by weak natgas prices

By Liz Hampton (Reuters) – U.S. crude oil prices last week climbed to their highest this year, but a weak natural gas market, steeper costs and a focus on shareholder returns over new production.

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Guyana gas-to-power project to shave weeks off oil output, hit revenue

By Sabrina Valle GEORGETOWN (Reuters) – Guyana’s efforts to use its natural gas resources to fuel a power plant that would slash the South American nation’s energy costs have snagged on construction.

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Rising crude prices a cause for anxiety: oil secretary

Jain noted that geopolitics and traditional summer demand have been driving up prices. Rising global crude oil prices are a cause of concern and anxiety for India, said oil secretary.

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Gold falls on strong dollar index: Investors eye US non-farm payroll data; Read to know key levels to watch

Geo-political tensions have built the risk premium in the market, if we see any development in the same that could further add gains for both Gold and Silver, said Manav.

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Oil heads for second weekly gain on geopolitical tension, supply concerns

By Florence Tan SINGAPORE (Reuters) -Oil prices extended gains on Friday and headed for a second weekly gain, supported by geopolitical tensions in Europe and the Middle East, concerns over.

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US has not asked India to cut Russian oil purchases, American official says

By Nidhi Verma and Krishn Kaushik NEW DELHI (Reuters) – The United States has not asked India to cut Russian oil imports as the goal of sanctions and the G7-imposed.

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