Vladimir Putin is increasingly concerned about the distortions in Russia's wartime economy. This is happening against the ...

Industry officials maintain that enough oil supply is available in the global market and replacing the lost Russian oil ...

The oligarch Vagit Alekperov is Russia's official richest man after being behind the country's biggest oil company.

Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by ...

President Donald Trump said during his inauguration he will declare a national energy emergency aimed at boosting oil and gas ...

Russia's oil shipments via the Baltic Sea fell by roughly 10% in the last four months of 2024, the Finnish Border Guard said, ...

China's crude oil surplus grew significantly in 2024 due to stockpiling of discounted Russian oil, potentially mitigating the ...

Oil was higher in early Asian trading on renewed prospects of supply disruptions, ANZ said.

At least three people were killed in the assault on the capital, and at least one died and 11 were wounded in a separate ...

"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.

Oil futures settled lower on Friday, but scored a fourth straight week of gains after wider sanctions against Russia's energy industry tightened supply. Uncertainty also remains over President-elect ...

A week after the US launched massive sanctions against Russia’s oil industry, SLB chief executive Olivier Le Peuch said his company’s revenue in the country “continues to decline” after it began ...