The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating ...

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

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

Oil prices retreated on Monday after the U.S. pulled back from initial sanctions threats against Colombia, reducing immediate ...

Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade ...

Oil prices were edging lower in early trade amid U.S. President Donald Trump's call for OPEC to cut prices and swift trade ...

Russian refineries are processing more crude oil in the hope of boosting fuel exports after the Biden administration imposed ...

New U.S. sanctions on Russian oil exports have caused tanker rates to surge and trade to freeze as shippers scramble for ...

Indian Oil remains confident about energy availability for India saying US sanctions imposed on Russian oil would have ...

Since the deregulation of petrol prices in 2015, the UAE has aligned its fuel prices with global oil price shifts. January ...

Petrol prices in the UAE are expected to increase in February 2025 to align them with global oil prices which rose above $81 a barrel in ...