Oil prices settled lower on Friday but notched their fourth straight weekly gain, as the latest U.S. sanctions on Russian ...

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

Prices surged after the administration imposed what officials called "most significant sanctions yet on Russia's energy ...

Oil was under pressure on Tuesday morning as Donald Trump started his first day in office, with bearish sentiment outweighing bullish his promises.

Oil prices recovered on Monday as supply concerns persisted after Washington imposed two rounds of sanctions in the past two ...

President Trump plans to refill the US Strategic Petroleum Reserve, which was significantly drained under the Biden ...

Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read ...

The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...

Oil price risks are skewed to the upside due to sanctions supply disruptions, said Samantha Dart, co-head of global ...

Indian state refiners have asked Abu Dhabi National Oil Co (ADNOC) to offer pricing of its crude on a delivered basis to ...

Oil prices rose Friday, touching prices last seen in the fall, as traders digested further U.S. sanctions on Russia.

Goldman Sachs is warning of potential upside risks to oil prices following U.S. sanctions on Russia's energy sector, with ...