Russia's oil and gas condensate production reached 516 million metric tons, or 10.32 million barrels per day, in 2024, Deputy ...

Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in ...

Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...

Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade ...

The Energy Information Administration (EIA), in its January Short-Term Energy Outlook, is forecasting global oil prices ...

New US sanctions on Russian oil tankers and energy companies threaten India's access to cheap crude, potentially driving up ...

Oil prices were edging lower in early trade amid U.S. President Donald Trump's call for OPEC to cut prices and swift trade ...

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

The global crude oil market is facing a period of sustained higher prices due to tightening supplies caused by sanctions on Russian oil exports, logistical challenges, and strategic policy ...

EU sanctions and new US measures have led to a decline in Russian oil shipments via the Baltic Sea, impacting the shadow ...

Oil prices ticked up but hovered near a two-week low on Tuesday after weak economic data from China and warming weather ...

Former President Joe Biden's eleventh-hour decision to impose tougher sanctions on Russian crude oil sales may make it difficult for President Trump to make good on his promise to reduce oil and ...