Oil prices were edging up as traders await more clarity on the effect of U.S. sanctions on Russia. Brent crude was up 0.4% at ...

Prices surged after the administration imposed what officials called "most significant sanctions yet on Russia's energy ...

Six European Union countries on Monday called on the European Commission to lower the $60 per barrel price cap put on Russian ...

Oil futures were up strongly Monday, with Brent crude on track for its first finish above $80 a barrel since August, as ...

Oil prices jumped to a three-month high on Friday, with traders digesting new, sweeping sanctions against Russia as the Biden ...

"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions ...

US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...

Spot prices for Middle East crude hit their highest level in over two years due to strong demand from China and India. The ...

U.S. shale can still surprise with undiscovered resources, even as more and more reports emerge suggesting that prime acreage ...

The Energy Information Administration’s (EIA) new short-term energy forecast confirms strong demand for 2025 but notes that ...

The Group of Seven democracies have sought to crimp Russia’s oil export earnings that help fund the war against Ukraine.