The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating ...

Sluggish demand from China and oversupply worries will keep oil prices anchored below $80 a barrel this year, a Reuters poll ...

Goldman: "We estimate that Brent could temporarily rise to $93/bbl in a scenario where sanctioned supply falls by 1mb/d persistently for Iran and temporarily for Russia" ...

Oil traders are making big moves in the Brent-Dubai spread, a contract that lets them bet on the price gap between Middle ...

Oil prices retreated on Monday after the U.S. pulled back from initial sanctions threats against Colombia, reducing immediate ...

The rush to buy replacement cargoes for sanctioned Russian oil has pushed Middle Eastern crude prices to an unusual premium ...

Russia's crude oil exports from its western ports in February are set to fall by 8% versus January's plan as Moscow increases ...

Millions of barrels of oil that would normally be preserve of oil refineries in Europe are instead heading to Asia as US ...

The UK has issued a licence authorising those bound to comply with UK sanctions to wind down or divest from transactions with ...

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

Russia has continued to send cargoes of crude oil to India on tankers that have been sanctioned by the US, Bloomberg reported ...

Since the Ukraine war, India has become the second largest buyer of Russian crude oil, owing to the hefty discount Russia ...