U.S. sanctions have barely put a dent on China’s massive purchases of discounted Iranian oil, thanks to a shadow supply chain ...

The U.S. Treasury Department on Thursday unveiled fresh sanctions targeting Iran’s covert oil trade and Hezbollah-linked ...

Russia’s seaborne crude oil shipments barely budged in late June, holding near two-month lows despite a modest uptick from ...

Ukrainian President Volodymyr Zelenskyy called for strong sanctions and an oil price cap in his address to the European ...

Oil prices fell slightly on Thursday as investors worried that U.S. tariffs could slow energy demand ahead of an expected supply boost by major crude producers. Brent crude futures settled 31 cents, ...

Thursday closed up +0.32 (+0.49%), and August RBOB gasoline (RBQ25 ) closed up +1.17 (+0.57%). Crude oil and gasoline prices ...

Oil prices settled down on Friday as the U.S. imposed new Iran-related sanctions, marking a diplomatic approach that fed hopes of a negotiated agreement, a day after President Donald Trump said he ...

A disruption to global oil flows could send prices higher. That would be good news for Russia, with oil being a key lifeline ...

Oil prices slipped on Friday as the U.S. imposed new Iran-related sanctions marking a diplomatic approach that fed hopes of a ...

Global production is well placed to cope with Iranian disruption.

The European Union shelved a plan for a stricter price cap on Russian oil exports over concerns that the US won’t back ...