Trump in his first days in office has leaned in on the idea that OPEC+, the alliance of oil producing nations, holds the key ...

Former President Joe Biden's eleventh-hour decision to impose tougher sanctions on Russian crude oil sales may make it difficult for President Trump to make good on his promise to reduce oil and ...

Bharat Petroleum Corp, India's state-run oil refiner, expects its processing of Russian oil down to 20% in March, down from ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

By Clyde Russell LAUNCESTON, Australia (Reuters) -"This time it's different" is a well-worn cliché that seems to be getting ...

Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by ...

Russia's oil exports from the Baltic port of Ust-Luga have unexpectedly declined, raising questions about the impact of Western sanctions and other potential factors.

China's crude oil imports from Russia increased by 1% in 2024, setting a new record compared with 2023. The rise in imports ...

The recent implementation of new US sanctions on Russian oil producers, tankers, and insurers has created a disruption in the ...

Crude oil purchases by Indian Oil Corp. may shift as the new US sanctions on Russia affect supplies from Moscow, pushing the ...

EU sanctions and new US measures have led to a decline in Russian oil shipments via the Baltic Sea, impacting the shadow ...

Russia’s oil proceeds to the state budget increased by almost a third last year to the highest since at least 2018, spurred ...