UK Prime Minister Keir Starmer has said that the latest US sanctions on Russia's largest oil companies improve Ukraine's ...

A parallel market for the oil of sanctioned countries will adjust to the latest U.S. restrictions.

The prompt Brent crude futures contract on Thursday returned to trading at a premium to the six-month contract after new U.S.

Oil prices extended gains after settlement on Wednesday after the U.S. imposed Ukraine-related sanctions on Russia, targeting ...

Treasury Secretary Scott Bessent has announced new sanctions against Russia's two biggest oil companies and blasted Moscow's ...

Hungarian Prime Minister Viktor Orbán has said that his country is working on finding a way to bypass US sanctions imposed on ...

U.S. decision to sanction Russia's two largest oil companies threatens to disrupt the energy lifeline of India and China, ...

WASHINGTON (AP) — President Donald Trump’s administration announced on Wednesday new “massive sanctions” against Russia’s oil ...

MOSCOW >> President Donald Trump hit Russia’s two biggest oil companies with sanctions in his latest sharp policy shift on ...

India’s crude oil imports rose in September, but Russian supplies are declining amid new U.S. sanctions, pushing India toward ...

After the US sanctioned Russian oil giants that supply over 60% of India's crude oil imports, regulators and major refineries ...

To free up cash, the oil giants have been cutting costs. Exxon recently announced it would reduce its workforce by 3-4%.