The price of a key Russian oil grade has plunged after Western sanctions prompted Chinese refiners to cancel some purchases.

Russia’s second-largest oil producer Lukoil PJSC announced plans to sell international assets amid US and UK sanctions.

Russia's second-largest oil producer, Lukoil , said on Monday it would sell its international assets following sanctions over ...

A common view in the crude oil market is that Western sanctions against Russia's exports are fairly pointless as the market ...

Russia's second-largest oil producer, Lukoil, said on Monday it would sell its international assets "owing to introduction of ...

As winter slows the pace of battlefield combat, Moscow and Kyiv are betting on campaigns against each other’s energy assets ...

"Eventually the administration decided it's not enough to just use carrots to pressure Putin, you also need sticks," one ...

Russian strikes on Ukraine overnight left four people dead and several others injured, days after President Trump issued ...

U.S. President Donald Trump's administration has prepared additional sanctions it could use to target key areas of Russia's ...

Fox News senior strategic analyst Gen. Jack Keane says Russia has completely stalled in their military advances over the past ...

After months of restraint, President Trump’s move to blacklist Lukoil and Rosneft will hit Russia where it hurts.

U.S. President Donald Trump has done a turnaround on sanctions against Russia, taking aim at Russia's two biggest oil ...