Russia's seaborne exports of refined oil products fell by 9.1% in 2024 due to drone attacks on refineries, export bans, and ...

Ukraine has targeted Russia's fossil fuel infrastructure as part of its strategy to undermine a key funding source for Russia ...

Oil futures were slightly lower early Friday, but on track for a fourth straight week of gains after wider sanctions against Russia’s energy industry tightened supply.

Oil prices edged higher on Friday and were headed for a weekly gain on supply concerns, as the US imposes new sanctions on ...

Russia's seaborne oil product exports fell by 9.1% to 113.7 million metric tons last year as the country's oil refineries ...

Dmitry Peskov remarked that "it would be strange if Bessent, as a minister, did not support his president’s decision" ...

On January 10, the outgoing U.S. Administration imposed the most aggressive sanctions on Russia’s oil yet, designating two major Russian oil companies, Gazprom Neft and Surgutneftegas, as well as 183 ...

Although the latest international developments look like bad news for South African prices, the Reserve Bank can still cut ...

India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia’s ...

A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...

Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, said he would support dialing up sanctions on ...

On January 10, 2025, in a final action to, among other things, deter Russian aggression on the international stage, the US ...