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.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest ...

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

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

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

U.S. states and territories are taking legal action against the government and oil companies over climate change impacts, ...

A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...

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

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