The Latest Breaking News on US imposes new sanctions over Russian oil price cap violations, Kremlin influence in the Balkans

Despite the recent retreat in oil and gas prices from their peaks, a surge in demand due to the onset of a chilly winter in the U.S. and Europe and the reopening of China’s economy could boost oil and gas prices significantly. Therefore, we think it could be wise to…

The oil and gas industry benefited from the rising crude oil process earlier this year thanks to the sanctions on Russian oil exports and production cut by OPEC+. While oil prices recently declined to pre-war levels on economic jitters, rising energy demand in winter should benefit Marathon Petroleum (MPC), Valero…

When U.S. officials first floated the idea of capping Russian oil export prices in response to a planned European embargo in March, they pledged to squeeze revenues to Russia's war machine, while avoiding a devastating oil price spike.

Maritime intelligence firm points to rise in tankers switching off trackers for sanctions-busting transfers

Some 70 years later, the West has a response to OPEC

‘If you benefit because of our suffering, it would be good to see more of your help addressed to us’

When sanctions were enacted against Russia in February of this year, many forecasts were of an imminent collapse in the Russian economy. A new report looks at why that hasn't happened.

Australian motorists are enjoying bowser relief in the lead-up to Christmas, but oil markets are threatening to push up petrol prices.

Turkish authorities demand that insurers prove that ships heading through straits are fully covered