The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating ...

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

Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which ...

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

Oil prices experienced a decline on Monday, after US President Donald Trump’s public call for OPEC to lower prices. This statement from Trump followed the announcement of extensive measures to ...

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 ...

New U.S. sanctions on Russian oil exports have caused tanker rates to surge and trade to freeze as shippers scramble for ...

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

In December, ExxonMobil updated its corporate plan, including new cost savings targets, earnings and cash-flow expectations, ...

Petrol prices in the UAE are anticipated to rise in February 2025 in response to global oil prices, which surpassed $81 per ...

Indian Oil remains confident about energy availability for India saying US sanctions imposed on Russian oil would have ...

Since the deregulation of petrol prices in 2015, the UAE has aligned its fuel prices with global oil price shifts. January ...