The European Union agreed a 6-month extension Monday for a raft of sanctions aimed at depriving Russia of funds to finance ...

Russian refineries are processing more crude oil in the hope of boosting fuel exports after new U.S. sanctions on Russian ...

Russian refining runs rose by 2 per cent, or by 108,000 barrels, to 754,800 metric tons a day on Jan 15-19 from the first week of the year, according to the sources ...

Russian refineries are processing more crude oil in the hope of boosting fuel exports after new U.S. sanctions on Russian ...

Russia's Ryazan oil refinery has suspended operations after an attack by Ukrainian drones late last week, two industry sources told Reuters on Monday. Another source said the loadings have been ...

U.S. President Donald Trump is expected to pressure Saudi Arabia and OPEC to lower oil prices, a move that could eventually ...

Russia's Ryazan oil refinery has suspended operations after an attack by Ukrainian drones late last week, two industry sources told Reuters on Monday.

Oil prices slipped on Monday after U.S. President Trump called on OPEC to reduce prices following the announcement of ...

Sweeping US sanctions on Russia’s oil industry are unlikely to result in a “large hit” to production, as higher freight rates ...

Wizz Air , a low-cost airline based in Hungary, has stopped refueling its planes at Belgrade airport Nikola Tesla because of ...

Last year was a relatively calm period for the oil market. Oil market forecasters see the potential for geopolitical risks ...