China and India may seek oil from other regions, while Russia might offer discounts.

Oil prices extended gains for a third session on Monday, with Brent rising above $80 a barrel to its highest in more than ...

Asian markets tumbled Monday after an outsized US jobs report dealt another blow to hopes for more interest rate cuts, while ...

The U.S. Treasury on Friday announced sweeping new sanctions against the Russian energy sector, including oil majors Gazprom ...

China is slated to release its December trade data later in the day, while India is expected to report its inflation figures ...

Britain imposed new sanctions on Russian oil majors Gazprom Neft and Surgutneftegaz SNGS.MM on Friday, in a move co-ordinated ...

Russian oil company Gazprom Neft, a subsidiary of the energy giant Gazprom, has been given 45 days to divest from its ...

Serbia's president said the country has the money to pay for Gazprom's stake in the Balkan country's only refiner to preserve ...

Following the U.S. sanctions imposed on Gazprom Neft on January 10, the Russian company will have 45 days to exit its ...

New US sanctions targeting Russia's oil industry, including Gazprom and the "shadow fleet", have pushed oil prices higher and forced Asian buyers to seek alternative sources.

China and India are set to increase oil imports from the Middle East, Africa, and the Americas following new U.S. sanctions ...

Oil prices extended gains on Monday, with Brent crude surpassing $81 per barrel, its highest level in over four months. U.S.