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

The Energy Information Administration (EIA), in its January Short-Term Energy Outlook, is forecasting global oil prices ...

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

Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which ...

Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade ...

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

New US sanctions on Russian oil tankers and energy companies threaten India's access to cheap crude, potentially driving up ...

Oil prices edged higher but remained near a two-week low on Tuesday, as weak economic data from China and rising temperatures ...

Sanctions tighten oil supplies, fueling price hikes. Citigroup revises outlook, citing supply crunch and geopolitical risks.

New U.S. sanctions on Russian oil exports have caused tanker rates to surge and trade to freeze as shippers scramble for ...

Petrol prices in the UAE are anticipated to rise in February 2025 in response to global oil prices, which surpassed $81 per ...

Since the deregulation of petrol prices in 2015, the UAE has aligned its fuel prices with global oil price shifts. January ...