Russia's oil and gas condensate production reached 516 million metric tons, or 10.32 million barrels per day, in 2024, Deputy ...

Ukraine has targeted two of Russia's oil refineries in drone strikes in an effort to bankrupt their ability to continue ...

Oil flows via Russia's Ust-Luga port in the Baltic Sea appear to have paused in the aftermath of an alleged Ukrainian drone ...

Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which ...

Indian oil refineries are financing Putin's war against Ukraine – and certain Western sanctions are having a dangerous side ...

The rush to buy replacement cargoes for sanctioned Russian oil has pushed Middle Eastern crude prices to an unusual premium ...

Sweeping US sanctions on Russia’s oil industry are unlikely to result in a “large hit” to production, as higher freight rates ...

In December, Ukrainian drones targeted oil depots and refineries in Smolensk, Oryol, Bryansk and Rostov — an area that had ...

Russia has continued to send cargoes of crude oil to India on tankers that have been sanctioned by the US, Bloomberg reported ...

Russia's overall crude oil exports fell in 2024 despite increased shipments to China as Western sanctions forced a shift in ...

The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating both short- and medium-term winners and losers.

Oil edged lower in early trade as Goldman Sachs said the latest round of U.S. sanctions against Russia haven’t had a significant impact on the country’s oil exports.