Abu Dhabi hosts a major oil summit Monday, just after the OPEC+ group of the cartel and its allies announced they would halt ...

America's oil potential remains largely untapped as Chevron CEO reveals new technologies that could revolutionize energy ...

Russia has raised its oil production close to the ceiling in the OPEC+ deal, Russian Deputy Prime Minister Alexander Novak said on Wednesday. “Production is growing... Just as we are unable to ...

Until 2022, Russia was one of the largest suppliers of oil and gas to EU countries. With the start of a full-scale invasion ...

Along with parallel EU measures, the new US sanctions against Russia’s two biggest oil companies are some of the most consequential since the start of Russia’s invasion of Ukraine. Whether they will ...

Crude oil futures ended little changed Thursday, as traders continue to assess the eventual impact of U.S. sanctions on Russian oil that drove last week’s rally, while looking ahead to the upcoming ...

US President Donald Trump has launched the most sweeping sanctions yet on Russia, targeting oil giants Rosneft and Lukoil.

US President Donald Trump has announced what he called "tremendous" new sanctions against two of Russia's largest oil companies, in a bid to pressure Moscow into ending its war on Ukraine. The ...

November WTI crude oil (CLX25) on Tuesday closed up +1.13 (+1.81%), and November RBOB gasoline (RBX25) closed up +0.0218 (+1.14%). Crude oil and gasoline prices moved sharply higher on Tuesday on ...

According to the deputy prime minister, Russia fully complies with the OPEC+ deal MOSCOW, September 7. /TASS/. Russia may increase its daily oil production by 42,000 barrels, Russian Deputy Prime ...

OPEC is ready to raise production by rolling back its oil output cuts further if required to address market shortfalls after ...