Mid-month data from the Central Energy Fund (CEF) points to a significant hike in petrol and diesel prices next month, with a ...

US last week imposed its broadest package of sanctions so far targeting Russia’s oil producers. Read more at straitstimes.com ...

Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on ...

Last week the U.S. Treasury imposed sanctions on Russian oil producers Gazprom Neft and Surgutneftegaz, as well as insurers ...

Oil prices were little changed on Wednesday, after falling the previous day, as a dip in U.S. crude stockpiles and ...

“High spare oil capacity is likely to restrict oil prices from climbing substantially this year in spite of continued solid demand,” Goldman Sachs said, adding that it expects global oil demand to ...

The size and scope of new U.S. sanctions on Russia sent oil prices spiking on Monday, and both Brent and WTI have retained ...

The outgoing US administration has imposed sanctions on more than 200 entities and individuals involved in Russia’s energy ...

By Ben Aris in Berlin The Biden administration imposed theharshest ever oil sanctions ever on Russia on January 10 that ...

In these final actions of his presidency, Biden is asserting his domestic and foreign-policy principles before Trump takes ...

The top diplomat noted that now Western countries occupy six out of 15 seats (including five permanent members and one non-permanent seat) in the Security Council ...

Supertanker freight rates jumped after the U.S. expanded sanctions on Russia's oil industry, sending traders rushing to book ...