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 ...

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

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

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

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 will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy ...

The U.S. Energy Information Administration revealed its latest Brent spot price forecasts in its January short term energy ...

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

Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply following U.S.

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 ...