Houston bunker costs have surged to the highest level in six months amid rallying US oil prices and fuel terminal congestion.

Scott Bessent, Donald Trump’s nominee for Treasury secretary said he supports dialling up the sanctions on the Russian oil ...

Oil prices fell on Thursday with Yemen's Houthi militia expected to halt attacks on ships in the Red Sea, and investors ...

On January 10, 2025, in a final action to, among other things, deter Russian aggression on the international stage, the US ...

The latest US sanctions on oil tankers used to haul Russian petroleum look set to cause severe disruption across the nation’s ...

A tanker carrying Russian crude discharged at a port operated by Shandong Port Group in east China on Thursday.

Oil price risks are skewed to the upside due to sanctions supply disruptions, said Samantha Dart, co-head of global ...

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

A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...

Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine ...

Oil futures were modestly lower early Thursday, pulling back after ending the previous session at four-month highs following ...

When Trump ventured a comment about foreign policy, people scoffed. What did he know! But he was right on every major issue.