Russia is facing a significant oil transportation crisis due to recent U.S. sanctions, according to Bloomberg oil strategist ...

Oil futures climbed Friday from their lowest levels of the year, but tallied a third straight weekly fall amid rising U.S.

Chinese independent refiners have significantly reduced their crude processing rates due to soaring costs for Russian crude ...

Clay Neff, Chevron's head of international exploration and production, told Reuters last month that the Tengiz expansion was ...

Freight costs have been halved for cargoes of Espo crude moved out of the Kozmino terminal, traders told Reuters. Rates had ...

The southern Druzhba route via Ukraine saw total Russian oil flows to the EU member states decline by 15% to 11.5 million ...

Private oil processors in China have slashed their operating rates to levels last seen at the beginning of the pandemic, as U.S. sanctions on Russia cut a key source of crude supply.

Oil and gas traders are likely to request tariff exemptions from Beijing for imports of the two energy commodities from the ...

U.S. and global oil futures declined on Thursday as a hefty rise in last week's U.S. supplies and uncertainty surrounding tariff disputes helped to weaken the outlook for crude demand, prompting ...

Energy prices have had a volatile start to the year, driven by a combination of sanction and tariff risks, along with colder ...

U.S. and global oil futures edged higher on Thursday, a day after both benchmarks settled at their lowest levels of the year so far, finding support as an increase in Saudi Arabia's crude prices for ...

As the US and China engage in a high-stakes tariff showdown, the implications for global trade and energy markets are ...