"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions ...

It's possible Russia's dark fleet will re-emerge in other forms, with new owners or greater use of ship-to-ship transfers. It ...

Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply ...

Russia's crude oil and oil products exports fell 350,000 barrels per day last year, though revenue from its exports rose 2% ...

Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply ...

Oil touched $80 a barrel for the first time since August as fresh sanctions on Russia began to affect crude flows and US ...

Oil prices were edging up as traders await more clarity on the effect of U.S. sanctions on Russia. Brent crude was up 0.4% at ...

Separately, the Keremet Bank in Kyrgyzstan is being sanctioned for coordinating with Russian officials and a U.S. bank to ...

Oil prices shot up Wednesday by more than 3% on fears of low US stockpiles and the lingering effect of US sanctions on Russia ...

Indian refiners are aiming to settle payments for Russian oil much faster to avoid complications from US sanctions.

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