BRUSSELS (Reuters) -Six European Union countries on Monday called on the European Commission to lower the $60 per barrel ...

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

Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since ...

The countries argue that a lower cap would further restrict Russia's ability to finance its war against Ukraine while ...

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

Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...

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

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest ...

As a result, the EIA forecasts that average Brent oil prices will be $74.31 per barrel and the American West Texas ...

Stratas Advisors noted in the report that it expects that there is still some room for oil prices to move higher this week ...

That followed roughly 2% gains in Monday trading, after the U.S. Treasury Department on Friday imposed sanctions on Gazprom ...

Oil prices have risen following sanctions imposed ... Brent crude futures climbed $1.20 (1.5 percent) to reach $80.96 per barrel by 5:22 a.m. ET after hitting the highest level since August ...