The US is limiting imports of used cooking oil for biofuels, disqualifying foreign supplies from tax credits. This decision ...

Ukraine expects that after the new US sanctions against Russia, the world will lose its appetite for Russian oil.

The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...

Biden administration officials say the sanctions are being imposed now because they are not likely to add to inflation ...

Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the ...

Since Russia’s invasion of Ukraine in 2022, the U.S. has carefully calibrated its sanctions of the Russian energy sector, ...

Canadian Natural Resources said on Thursday it expects production to increase 12% and capital spending to rise 13.5% in 2025, ...

Saudi Arabia's crude oil supply to China is set to decline in February from the month before, trade sources said on Thursday, ...

Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its ...

Guyana's oil exports rose 54% last year to some 582,000 barrels per day (bpd), fueled by European refiners' demand for ...

Countries like the UAE and Oman are developing local oil exchanges to push for more influence on global oil markets.