Brent and WTI futures saw significant gains, though prices dipped slightly on Friday as the market assessed the impact.

In a change in tactics to end the Russia-Ukraine war, US has blacklisted two Russian oil majors Lukoil and Rosneft. This is ...

In imposing direct sanctions on two of Russia’s largest oil exporters, Rosneft and Lukoil, Trump seems to have changed his mind on Putin. After months of holding out incentives to get Russia to end ...

Over Thursday and Friday, the companies’ combined market capitalization shrank by RUB424 billion ($5.2 billion). By 8:11 p.m. Moscow time on Oct. 23, Rosneft shares were trading at RUB389.85, down 3 ...

The European leaders can also feel some satisfaction that their repeated interventions with Trump on behalf of Ukraine have ...

Oil prices on Friday posted their biggest weekly gains since June, after the U.S. imposed sanctions Wednesday on Russia’s ...

The Ukrainian leader said Trump's decision this week to impose oil sanctions was "a big step," and said "we have to apply ...

Maria Zakharova pointed out that on October 23, the EU Council approved the 19th package of illegitimate unilateral sanctions against Russia ...

Major Chinese state oil companies have reportedly stopped imports of Russian crude oil in response to US sanctions. But ...

Russia’s Ryazan oil refinery—its fourth-largest and a key Rosneft asset southeast of Moscow—was forced to halt a major crude ...

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