Scott Bessent, Donald Trump’s nominee for Treasury secretary said he supports dialling up the sanctions on the Russian oil ...

Oil prices fell on Thursday with Yemen's Houthi militia expected to halt attacks on ships in the Red Sea, and investors ...

On January 10, 2025, in a final action to, among other things, deter Russian aggression on the international stage, the US ...

The latest US sanctions on oil tankers used to haul Russian petroleum look set to cause severe disruption across the nation’s ...

A tanker carrying Russian crude discharged at a port operated by Shandong Port Group in east China on Thursday.

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest ...

Oil prices on the New York fuel exchange remain high due to concerns about threats to the global supply of this resource.

A well-supplied global oil market limits the potential for price shocks resulting from stronger sanctions on Russian oil ...

Oil price risks are skewed to the upside due to sanctions supply disruptions, said Samantha Dart, co-head of global ...

Oil held near a five-month high as US crude inventories posted their longest run of declines since 2021 amid growing risks to global supplies.

On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia’s energy revenues, including on 183 vessels, largely ...

For investors seeking momentum, United States Oil Fund USO is probably on radar. The fund just hit a 52-week high and is up 27.7% from its 52-week low price of $66.02/share. But are more gains in ...