Amid soaring supply and subdued demand, the expected global oil oversupply will be larger than previously anticipated, the International Energy Agency (IEA) said on Tuesday. In its monthly report, the ...

It will take months for Russia to find ways to evade new U.S. sanctions. But if Iran can keep its energy exports flowing under heavy restrictions, Moscow probably can too. Brent crude rose by around ...

India's state-owned refiners are scrutinizing oil contracts following US sanctions on Russian firms Rosneft and Lukoil. While India has significantly increased Russian oil imports due to discounts, ...

Canada's oil patch is undergoing significant consolidation, with companies preferring to acquire existing operations rather than invest in new, expensive oil sands production. The acquisition battle ...

Trump described India's move as a "big step" in efforts to isolate Moscow economically. Trump said India couldn’t "immediately halt shipments," calling it "a bit of a process" that’ll end soon Indian ...

A rivalry at the heart of Russia's oil trade is threatening the crucial operations the Kremlin relies on to fund its war in Ukraine, just as the US cranks up the pressure on Moscow. The two players ...

A growing glut of oil and fear of a global economic slowdown have pushed U.S. crude prices to their lowest point since fuel markets were rebounding from the Covid crash. Most actively traded U.S. oil ...

Fresh US measures against Russian energy giants are tightening the seaborne supply of oil, pushing Brent higher as traders price in risk. Oil prices surged on Thursday after the US administration ...

SINGAPORE, Oct 23 (Reuters) - Chinese state oil majors have suspended purchases of seaborne Russian oil after the United States imposed sanctions on Rosneft and Lukoil, Moscow's two biggest oil ...

SINGAPORE: Chinese state oil majors have suspended purchases of seaborne Russian oil after the United States imposed sanctions on Rosneft and Lukoil, Moscow's two biggest oil companies, multiple trade ...

President Donald Trump’s sanctions targeting Russia’s two largest oil companies could undermine the country as a petrostate, an energy expert has told Newsweek. However, the measures announced on ...

This story is a partnership between Grist and Foreign Policy, with support from the Pulitzer Center. As Paramaribo, Suriname, flooded with shin-high water during a rainstorm in June, hundreds of taxis ...