The US government jolted energy markets when it announced sanctions on Russia’s two biggest crude oil producers on Oct. 22.

RIL stops importing Russian crude into its SEZ refinery from 20 Nov and switches to non-Russian oil for exports ahead of the ...

China's flows of crude oil into storage likely lifted in October as robust imports and domestic output outweighed an increase ...

Crude oil futures traded lower on Wednesday morning amid uncertainty over Russian crude oil flows caused by sanctions.

Oil is cheaper than it has been since early 2021, when the price of a barrel of crude was still recovering from its pandemic crash. The price of a barrel of West Texas Intermediate started Monday ...

The world's oil supply is largely expected to enter an extreme glut in 2026. Just how big that overhang will be is complicated.

China's state oil giants are ramping up domestic production and stock-building to secure energy self-sufficiency, threatening ...

LAUNCESTON, Australia, May 19 (Reuters) - The volume of surplus crude oil in China available for storage surged in April for a second straight month as imports stayed relatively high and refinery ...

Slides On Weak Demand (Video). <li /> Crude oil fell sharply on Wednesday amid renewed market panic and persistent ...