Oil edged lower after President Donald Trump threatened tariffs on China and the European Union, while traders continued to ...

Indian refiners Mangalore Refinery and Petrochemical Ltd (MRPL) and Bharat Petroleum Corp Ltd (BPCL) issued tenders this week ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

On Jan. 10 the US Treasury’s Office of Foreign Assets Control sanctioned 161 tankers and traders involved in about 2,000 ...

Scott Bessent faced questioning by lawmakers from the Senate Finance Committee earlier Thursday as part of his confirmation ...

US sanctions on Russian oil exports are prompting Russia to redirect Aframax tankers from western ports to the Far East to ...

Russia's oil exports from the Baltic port of Ust-Luga have unexpectedly declined, raising questions about the impact of Western sanctions and other potential factors.

President Donald Trump called on the Organization of the Petroleum Exporting Countries to lower oil prices during the World ...

"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.

Ukraine continues to cripple Russia's energy sector by hitting numerous oil refineries, depots, chemical plants, and more ...

Crude oil purchases by Indian Oil Corp. may shift as the new US sanctions on Russia affect supplies from Moscow, pushing the ...