Western sanctions against Russia have broadly reduced state oil revenues and diverted tens of billions of dollars to shipping and… Read More
Oil prices increased for a second session on Tuesday, boosted by hopes of a recovery in demand in China and… Read More
Oil prices recovered from last week's 8.2% drop on supply concerns, but were still trading near a three-week low on… Read More
So far, sanctions on Russian crude oil have "completely failed," and new price caps may prove immaterial. The 27-member bloc… Read More
British oil giant Shell's profit hit a record on Thursday. It received a boost from a sharp rise in fossil… Read More
Oil prices rose as the market looked ahead to a meeting of OPEC+, a Federal Reserve rate decision, and U.S.… Read More
Oil prices fell more than 1% on Tuesday, touching a two-week low on the prospect of further interest rate hikes,… Read More
Oil prices declined on Monday. Reversing earlier gains, as expectations for increased Chinese demand and rising Middle East tensions over… Read More
The biggest oil and gas companies are prepared to report annual profits, raking in extraordinary revenues after a year of… Read More
US natural gas futures fell below $3 due to mild winter weather, contributing to the country's worst commodity selloff. On… Read More