The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating ...

The rush to buy replacement cargoes for sanctioned Russian oil has pushed Middle Eastern crude prices to an unusual premium ...

Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade ...

Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which ...

The global crude oil market is facing a period of sustained higher prices due to tightening supplies caused by sanctions on Russian oil exports, logistical challenges, and strategic policy ...

Oil prices experienced a decline on Monday, after US President Donald Trump’s public call for OPEC to lower prices. This statement from Trump followed the announcement of extensive measures to ...

"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.

New US sanctions on Russian oil tankers and energy companies threaten India's access to cheap crude, potentially driving up ...

In China, newly sanctioned tankers face delays offloading oil despite meeting waiver requirements. Three of them discharged ...

New U.S. sanctions on Russian oil exports have caused tanker rates to surge and trade to freeze as shippers scramble for ...

Petrol prices in the UAE are anticipated to rise in February 2025 in response to global oil prices, which surpassed $81 per ...

Since the deregulation of petrol prices in 2015, the UAE has aligned its fuel prices with global oil price shifts. January ...