Oil prices surged on Wednesday, with West Texas Intermediate light crude rising about 4% to above $80 per barrel for the ...

The expected boost from the Gazprom arbitral award will be reflected in OMV’s Gas Marketing & Power unit’s results.

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

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

Prices surged after the administration imposed what officials called "most significant sanctions yet on Russia's energy ...

Russian Foreign Minister Sergei Lavrov said on Tuesday that Moscow was in contact with its "Serbian friends" about the fate ...

The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...

Commodity experts at Standard Chartered predict that the ongoing strength in oil markets at the start of the new year is ...

The recently imposed US sanctions on Russian oil supply hold little if any advantage for President-elect Donald Trump.

The Russian Federation expects that the shutdown of its plants due to the latest US sanctions will not have a major impact on ...

Russia's Foreign Ministry on Saturday denounced new U.S. sanctions against Moscow's energy sector as an attempt to harm ...