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

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

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.

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.

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 ...

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

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

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

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 ...