Indian Oil Minister Hardeep Singh Puri expressed confidence that “constraints” on Venezuelan oil exports would be eased.

Brent oil retreats amid broad pullback in the oil markets. Traders are focused on the potential increase of oil supply from Russia. In case Brent oil manages to settle below the $75.00 level, it will ...

Washington has imposed multiple rounds of sanctions on ships and entities dealing with oil from Iran and Russia since October ...

Jefferies estimates that VLCC utilisation was at 83% before US sanctions started ramping up last October. The number has ...

Indian oil refiners navigate US sanctions on Russian crude imports by restructuring supply chains with new entities and ...

The threat of US sanctions has already inspired dangerous plans for fossil-fuel infrastructure in Canada, and attacks on ...

According to the STEO, the EIA sees the Brent spot price averaging $74.50 per barrel this year and $66.46 per barrel next ...

Russia has resorted to a "shadow fleet" to transport its oil and gas to get around Western sanctions and price caps. The Kyiv Independent spoke with Elisabeth Braw, a senior fellow with the Atlantic ...

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...

China, India, other Asian countries, as well as Latin American and Middle Eastern states, are expected to be the main drivers of oil demand growth ...

Some are existing outfits that have not been impacted by the punitive measures, while others are newly created, replacing those that are now off-limits ...

Indian refiners are reconfiguring their supply chains, including changing trading partners and insurers, to continue ...