The vessels Mermar, Huihai Pacific and Olia carrying more than 2 million barrels of oil left Russian ports earlier in January ...
At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the ...
For months, the consensus in the global oil market was that 2025 would be a year marked by a bulky surplus and flat-to-soft ...
The Biden administration announced major sanctions against the Russian energy sector on Friday, escalating tensions with ...
The Russian rouble eased against the U.S. dollar and China's yuan on Monday as rising oil prices and increased forex sales by ...
The sanctions currently in place are primarily against the former government of Bashar al-Assad and his allies.
Brent crude, the international benchmark, rose as much as 1.9 per cent to $81.29 a barrel in London, beyond the $80.93 high ...
But Germany's foreign minister said sanctions against “Assad’s henchmen who committed serious crimes” must remain in place.