US last week imposed its broadest package of sanctions so far targeting Russia’s oil producers. Read more at straitstimes.com ...

The price of WTI crude oil approached $80, marking a five-month high, and lifted ETFs holding oil and energy stocks in the process.

Oil edged higher in the early Asian trade as supply-side pressures from U.S. sanctions against Russia’s oil industry likely supported prices, Exness said.

US sanctions on Russian oil tankers and companies are driving up demand for Middle Eastern oil and causing a surge in global tanker freight rates.

New US sanctions on Russia and Iran's oil trade may disrupt logistics but a global oil surplus is still expected due to rising non-OPEC+ production.

Oil-freight derivatives trading surged to the highest in at least a decade as the Biden administration’s sanctions on Russia ...

Processors are hopeful that the new US government may help to blunt the impact of the far-reaching curbs announced last week ...

These measures have halted crude oil deliveries to Asian buyers, leading to logistical challenges and growing stockpiles, ...

Even so, the outlook from the IEA still suggests the oil market will be in surplus this year as supply growth led by ...

The latest US sanctions on Russia do not only pose a threat to India’s crude oil supply but may result in higher cost of the ...

The Russian government relies mainly on profits from the export of raw materials, particularly oil, making sanctions against ...

A tanker carrying Russian oil that was secured by German authorities last week in the Baltic Sea remains in German waters and a customs assessment is underway, a government spokesperson said in Berlin ...