Although the latest international developments look like bad news for South African prices, the Reserve Bank can still cut ...

India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia’s ...

President Joe Biden entered the White House waging war on America’s fossil fuel energy industry, and critics say he’s going ...

Oil prices shot up Wednesday by more than 3% on fears of low US stockpiles and the lingering effect of US sanctions on Russia ...

A diesel hydrotreating unit at a refinery of Russian oil major company Lukoil in the city of Volgograd caught fire on Wednesday morning, two oil industry sources told Reuters. Another source said the ...

US sanctions on Russian oil tankers and companies are driving up demand for Middle Eastern oil and causing a surge in global ...

Oil edged higher in the early Asian trade as supply-side pressures from U.S. sanctions against Russia’s oil industry likely supported prices, Exness said.

Energy producers have rushed to lock in oil prices since the United States announced its harshest sanctions yet on Russian ...

The latest U.S. action means an estimated 35% of some 669 shadow fleet tankers involved in shipping Russian, Venezuelan and ...

A fresh wave of U.S. sanctions against Russia’s oil industry threatened to disrupt global supplies, sending crude prices to ...

Energy stocks have surged 5% so far this year, outpacing the S&P 500 index's 1% loss after lagging the market for the last ...

Russia also accounts for about 65% of India’s arms imports over the past 20-odd years. Besides, they argued, India needs to ...