A handful of newer Chinese terminals recently began receiving oil tankers sanctioned by the U.S., according to five sources and shipping data, providing logistics relief after a major port operator ...

The latest U.S. sanctions on Russia’s oil trade have brought a swath of tankers that deliver Moscow’s crude to a halt.

Oil prices slumped on Thursday on reports that Russia and Ukraine may start negotiations to end the ongoing conflict.

Less than a month into President Donald Trump’s second term, he reintroduced the “Maximum Pressure” policy against Iran, ...

LONDON: Oil prices fell slightly on Thursday as a potential peace deal between Russia and Ukraine continued to exert downward pressure, along ...

Russia's revenue from crude oil and petroleum product sales in January increased by $900 million compared to December, ...

Russia has increased oil production despite facing Western sanctions, highlighting the effectiveness of its workarounds to ...

Angeliki Frangou, the principal and chief executive officer of shipping giant Navios Maritime Partners, said on Thursday she ...

So far, the second Trump’s administration seems to be sticking to the line of not officially recognizing Maduro and preferring his departure from the scene. It has kept sanctions on the country intact ...

Russia is facing the threat of a reduction in oil production due to US sanctions and Ukrainian drone attacks. Source: Reuters ...

The International Energy Agency has lowered its outlook for Russia's oil production this year by only a narrow margin even ...

Fresh US sanctions on Russia’s oil exports have yet to impact supply, the International Energy Agency said on Thursday.