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.

A diesel hydrotreating unit at a refinery of Russian oil major company Lukoil in the city of Volgograd caught fire on Wednesday morning, two oil industry sources told Reuters. Another source said the ...

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.

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 ...

US sanctions targeting Russia’s fossil fuel industry could significantly disrupt the country’s oil supply and distribution ...

SINGAPORE: Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider US ...

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 ...

President Trump has recently expressed a desire to expand American territory to include Greenland, the Panama Canal, and even ...

Stay informed on India's economic powerhouse with insider insights on Russian crude payments and US sanctions impact.