Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by ...

Libya needs between $3 billion and $4 billion to reach an oil production rate of 1.6 million barrels per day (bpd), the ...

Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...

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

The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...

Despite the risk of a correction, the combination of U.S. sanctions, inventory draws, and cautious OPEC+ policies supports a ...

Oil futures settled lower on Friday, but scored a fourth straight week of gains after wider sanctions against Russia’s energy ...

Many of the vessels transporting Russia’s oil from the Arctic and Far East Pacific fields and production clusters to Asia ...

India's palm oil imports are set to plunge to a near five-year low in January, hit by negative refining margins as the ...

The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska’s National Petroleum ...

An emergency task force arrived in Russia’s southern Krasnodar region on Sunday as an oil spill in the Kerch Strait from two ...

Canadian oil and gas stocks fell the most this year, even as US producers rallied, after Alberta’s premier warned that the ...