Russia is willing to help develop Vietnam's nuclear power sector and provide it with crude oil and LNG, the two countries ...

Energy producers have rushed to lock in oil prices since the United States announced its harshest sanctions yet on Russian ...

New US sanctions on Russia and Iran's oil trade may disrupt logistics but a global oil surplus is still expected due to ...

A diesel hydrotreating unit at a refinery of Russian oil major company Lukoil in the city of Volgograd caught fire on Wednesday morning, two oil industry sources told Reuters. Another source said the ...

The price of WTI crude oil approached $80, marking a five-month high, and lifted ETFs holding oil and energy stocks in the process.

US last week imposed its broadest package of sanctions so far targeting Russia’s oil producers. Read more at straitstimes.com ...

Oil edged higher in the early Asian trade as supply-side pressures from U.S. sanctions against Russia’s oil industry likely supported prices, Exness said.

Oil-freight derivatives trading surged to the highest in at least a decade as the Biden administration’s sanctions on Russia ...

US sanctions on Russian oil tankers and companies are driving up demand for Middle Eastern oil and causing a surge in global tanker freight rates.

Processors are hopeful that the new US government may help to blunt the impact of the far-reaching curbs announced last week ...

These measures have halted crude oil deliveries to Asian buyers, leading to logistical challenges and growing stockpiles, ...

US sanctions targeting Russia’s fossil fuel industry could significantly disrupt the country’s oil supply and distribution ...