Oil futures were slightly lower early Friday, but on track for a fourth straight week of gains after wider sanctions against Russia’s energy industry tightened supply.

Oil prices edged higher on Friday and were heading for a weekly gain on supply concerns, as the US imposes new sanctions on ...

Russia's seaborne oil product exports fell by 9.1% to 113.7 million metric tons last year as the country's oil refineries ...

Dmitry Peskov remarked that "it would be strange if Bessent, as a minister, did not support his president’s decision" ...

UK oil and gas giant BP is cutting 4,700 jobs, or 5% of its workforce, in order to “save costs and revive a share price that has lagged behind rivals over the past year” ...

On January 10, the outgoing U.S. Administration imposed the most aggressive sanctions on Russia’s oil yet, designating two major Russian oil companies, Gazprom Neft and Surgutneftegas, as well as 183 ...

Although the latest international developments look like bad news for South African prices, the Reserve Bank can still cut ...

India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia’s ...

The U.S. power sector faces a critical juncture as data center demand drives electricity consumption, necessitating a ...

The Kremlin said on Thursday that Russia was ready to provide gas to Moldova's breakaway Transdniestria region, but needed ...

Trump’s interior secretary nominee Doug Burgum emphasizes fossil fuel development for energy dominance and questions renewable energy reliability ...

Brace yourselves for a shock at the gas station as fuel prices are poised for a hefty surge next week, with analysts ...