Trump’s interior secretary nominee Doug Burgum emphasizes fossil fuel development for energy dominance and questions renewable energy reliability ...

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

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 ...

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.

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

The latest U.S. action means an estimated 35% of some 669 shadow fleet tankers involved in shipping Russian, Venezuelan and ...

A fresh wave of U.S. sanctions against Russia’s oil industry threatened to disrupt global supplies, sending crude prices to ...

Energy stocks have surged 5% so far this year, outpacing the S&P 500 index's 1% loss after lagging the market for the last ...

Sweeping U.S. sanctions on Russia's oil industry will make it more expensive for Moscow to sell its oil and complicate ...

China and India may seek oil from other regions, while Russia might offer discounts.

Germany was battling Saturday to secure a heavily loaded tanker stranded off its northern coast, towing the stricken ship ...

German authorities have said an oil tanker stuck in German waters belongs to Russia's "shadow fleet" intended to avoid ...