Oil

Oil prices surged around 5% to a two-week high on Thursday after the U.S. imposed sanctions on major Russian suppliers Rosneft and Lukoil over Russia's war in

The U.S. Department of Energy said on Tuesday it is looking to buy 1 million barrels of crude oil for delivery to the Strategic Petroleum Reserve, as it seeks

Bearish signs are cropping up across the oil market after US President Donald Trump’s latest tariff threats fanned fears of an imminent

By Alex Longley Oct 3, 2025 (Bloomberg) –The amount of oil on tankers plowing the world’s oceans climbed to the highest in more than two years,

By Olesya Astakhova and Ahmad Ghaddar MOSCOW/LONDON, Sept 28 (Reuters) – OPEC+ will likely approve another oil production increase of

President Donald Trump said on Thursday he believes Turkey will agree to his request to stop purchasing Russian oil and that he may lift U.S. sanctions on

Sept 21 (Reuters) – Iraq has increased oil exports following the gradual unwinding of voluntary production cuts under an OPEC+ agreement, the

Russia’s crude shipments rebounded, with China picking up the slack after US President Donald Trump’s punitive tariffs on India choked exports to the

Ukraine struck the Syzran oil refinery in Russia's Samara region in an overnight attack and also hit a Caspian Sea port and cargo vessel used to transport

China said its imports of Russian oil are justified, pushing back against US threats of new tariffs after Washington slapped secondary levies on India for

US President Donald Trump signed an executive order imposing an additional 25% tariff on India over its purchase of Russian energy, the White House said

At least four tankers discharged millions of barrels of Russian crude at Indian refineries at the weekend, a sign the closely scrutinized deliveries are

India’s largest oil refiner has snapped up millions of barrels of crude from the US and UAE, with the South Asian nation facing mounting pressure from US and

At least two vessels loaded with Russian oil bound for refiners in India have diverted to other destinations following new U.S. sanctions, trade sources said,

Shares of TechnipFMC PLC, one of the world’s biggest makers of offshore oil gear, surged to the highest in a decade on signs of a robust outlook that

 China's oil imports from Iran surged in June as shipments accelerated before the recent conflict between Israel and Iran and demand from independent

The Japanese oil refiner Taiyo Oil Co. is taking delivery of a cargo of Russian crude on a tanker that’s blacklisted by both the US Treasury and the European

From Athens to New York, oil tanker companies from Group of Seven nations are flocking back to the Russian oil trade. Tumbling global oil prices this year

Russia's oil exports are becoming increasingly difficult to track as the tankers moving the barrels disappear from digital tracking systems. Moscow’s exports

Venezuela's oil exports fell almost 20% to some 700,000 barrels per day (bpd) in April, the lowest level in nine months, as cargo cancellations to U.S.-based