A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...
Global oil prices closed at their highest level since August, boosted by the prospect of new sanctions reducing Russian crude ...
The EIA predicts lower oil prices in 2025 and 2026 due to rising production and OPEC cuts, but the recent sanctions on Russia kept oil prices from falling.
The new sanctions on Russia’s oil sector by the US will disrupt Russia’s oil exports, create supply challenges and impact ...
Oil futures were up modestly Wednesday, finding support after snapping a three-day winning streak that had been driven in ...
A tanker carrying Russian crude discharged at a port operated by Shandong Port Group in east China on Thursday.
Oil-freight derivatives trading surged to the highest in at least a decade as the Biden administration’s sanctions on Russia ...