New US sanctions on Russian oil tankers and energy companies threaten India's access to cheap crude, potentially driving up ...

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 ...

Last year was a relatively calm period for the oil market. Most investors likely only want to hold one oil company in their ...

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

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

The prices of the benchmark crude oil have slumped. Crude oil prices decreased after US President Donald Trump, familiar with his guise of functioning, issued a new set of threats, vowing to impose ...

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

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

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

Ukrainian drones struck a major Russian oil refinery in Ryazan, causing significant damage and disrupting operations. The attack highlights Ukraine's increasing ability to target critical Russian ...

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

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