Oil futures settled lower on Friday, but scored a fourth straight week of gains after wider sanctions against Russia’s energy ...

Oilfield service provider SLB on Friday said its current business in Russia still aligns with U.S. sanctions issued this ...

On Jan. 10, 2025, the U.S. Department of Treasury announced several new types of sanctions that will affect U.S. and global ...

On Jan. 10 the US Treasury’s Office of Foreign Assets Control sanctioned 161 tankers and traders involved in about 2,000 ...

A week after the US launched massive sanctions against Russia’s oil industry, SLB chief executive Olivier Le Peuch said his company’s revenue in the country “continues to decline” after it began ...

Russian seaborne oil product exports fell by almost 10% in 2024 after Ukrainian drone attacks damaged major refineries and as ...

Russia's seaborne exports of petroleum products declined by 9.1% to 113.7 million metric tons in 2024, reflecting mounting ...

Russia's seaborne exports of refined oil products fell by 9.1% in 2024 due to drone attacks on refineries, export bans, and ...

Dmitry Peskov remarked that "it would be strange if Bessent, as a minister, did not support his president’s decision" ...

An oil tanker sanctioned in Washington’s harshest round of curbs against Russia’s energy industry has become the first such ...

Although the latest international developments look like bad news for South African prices, the Reserve Bank can still cut ...

India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia’s ...