A looming oil glut has taken over the energy commodities market as the dominating sentiment among traders and analysts. Everyone is predicti...

President Trump unleashed new sanctions on Russia’s two largest oil companies. President Trump is ramping up pressure on Russia to return to...

The White House announced new sanctions on Russia targeting the country's two largest oil companies. NBC News’ Gabe Gutierrez details the si...

Shafaq News– WashingtonOn Wednesday, the UnitedStates imposed sanctions on Russia’s oil giants Rosneft andLukoil, accusing Moscow of refusin...

The United States has imposed sanctions on Russia's two largest oil companies to pressure Moscow into an immediate ceasefire in Ukraine. Tre...

The announcement comes as NATO Secretary-General Mark Rutte was due to meet with Donald Trump in Washington.

US treasury secretary Scott Bessent has announced new sanctions against Russia’s two biggest oil companies and condemned Moscow’s refusal to...

Oil prices jumped ~3.5% in afternoon trading, extending gains to the highest levels in nearly three weeks as traders reacted to reports that...

Sir Keir Starmer was scrambling to rescue his grooming gangs inquiry as the only remaining candidate to chair it quit after several survivo...

Poor sanitation in jails has been the subject of civil rights lawsuits for decades. Plumbing issues, vermin infestations, feces-covered wall...

The European Union's latest package of sanctions against Russia will list four companies, including a Chinese trading firm and two independe...

Rosneft’s assets in Germany have been placed under state control, according to British authorities...

Oil prices have fallen sharply this year as global supply remains strong and demand has been slow to grow.

China’s total oil product demand jumped by 416,000 barrels per day (bpd) in August from July, the latest data by the Joint Organizations Dat...

 Mexico’s state-run oil company said Tuesday that the torrential rains that left dozens dead and missing in east-central Mexico also damaged...