Oil price hovers at four-month high

Oil price hovers at a four-and-a-half month high amid concerns over disruption to supplies from the Middle East.

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Chinese probe Sinopec president Wang

A senior executive at state energy firm China Sinopec Group is under investigation for suspected \"serious disciplinary violations\".

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Shake-up plan hits Deutsche shares

Deutsche Bank shares fall after it unveils a plan to cut costs by ?3.5bn (£2.5bn) and sell off its Postbank business.

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