Russia is facing a significant oil transportation crisis due to recent U.S. sanctions, according to Bloomberg oil strategist Julian Lee. On Jan. 10, the U.S. Treasury sanctioned 161 oil tankers ...

The Nigerian Navy said that the ongoing Operation DELTA SANITY II has recorded great successes against crude oil theft as ...

KULAI: Some 325,400 litres of crude palm oil worth more than RM1.3mil have been seized during a raid at an illegal palm oil ...

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

The Trump Administration has taken its first sanctions move against Iran, blacklisting shipowners, managers and a VLCC ...

African Refinery Group (ARG), the LOT1 Concession and operator of several of NNPC’s downstream crude oil and refined petroleum products pipelines, storage depots, supply distribution facilities and ot ...

Goldman's analysts also said higher Russian and Iranian liquids supply of late equates to an increase of only about 200,000 b/d and focused on "sanctions-driven frictions" for oil from both countries.

Read the original analysis: The commodities feed: Retaliatory tariffs vs Iranian sanction risk ...

A drone strike in Russia’s Krasnodar region targeted the Albashneft oil depot, causing multiple tank fires crucial for military fuel supply.

The American Petroleum Institute reportedly shows a build of 5.02M barrels of oil in U.S. commercial stockpiles, much larger than expected, for the week ending January 31.

The Nigerian National Petroleum Company Limited (NNPCL) has announced uncovering 39 illegal refineries in the Niger Delta region in one ...

Learn more about whether Cenovus Energy Inc. or MPLX LP is a better investment based on AAII's A+ Investor grades, which ...