Last year was a record year for the Texas oil and natural gas industry, which broke its previous records for production, ...

The United States and Britain on Friday announced sanctions against Russia’s energy sector, including oil giant Gazprom Neft.

Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the ...

Indian refiners expect their supply of cheaper Russian crude to be severely crippled with imminent U.S. sanctions expected to be slapped on tankers transporting Russia’s oil ...

The Group of Seven democracies have sought to crimp Russia’s oil export earnings that help fund the war against Ukraine. But ...

Oil prices hit a three-month high due to new US sanctions targeting Russian oil tankers and maritime insurance providers, amidst dwindling US crude stockpiles and cold weather.

The Greek-flagged, Sounion was first attacked on Aug. 21 with small arms, projectiles, and a drone boat by the Iran-backed ...

“Oil price gains come amid support from a set of positive factors, including favorable weather forecasts, continued announcements of measures to support the Chinese economy, in addition to the ...

Oil futures rose sharply Friday, trading at their highest since October with support tied to cold weather in the U.S. and supply concerns.

Washington now has freer hand in restricting Russian oil amid predictions of a global glut.

Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...

One of the biggest misconceptions in the oil market is the perceived growth in non-OPEC+ oil supplies moving forward, ...