Oil markets face 'temporary shock' of U.S. cold weather and sanctions on Russia, says Rystad Energy Jarand Rystad, CEO and ...

Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on ...

Russia's vast Arctic oil business is facing major disruption from U.S. sanctions on its tankers and depots, stranding crude ...

The European Commission intends to propose a ban on imports of Russian primary aluminium in its 16th package of sanctions ...

The Group of Seven democracies has sought to crimp Russia’s oil export earnings that help fund the war against Ukraine.

US last week imposed its broadest package of sanctions so far targeting Russia’s oil producers. Read more at straitstimes.com ...

Less than a week before leaving the White House, President Joe Biden is lifting the state sponsor of terrorism designation ...

West Texas Intermediate rose toward $78 a barrel, after losing 1.7% on Tuesday on expectations for a ceasefire between Israel ...

Goldman Sachs is warning of potential upside risks to oil prices following U.S. sanctions on Russia's energy sector, with ...

WASHINGTON — Retiring President Biden is lifting Cuba’s designation as a state sponsor of terrorism less than a week before ...

Oil-freight derivatives trading surged to the highest in at least a decade as the Biden administration’s sanctions on Russia ...

Vessel will relocate soon to another yard for integration and commissioning, with sailaway planned for third quarter of 2025 ...