"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions ...

A diesel hydrotreating unit at a refinery of Russian oil major company Lukoil in the city of Volgograd caught fire on Wednesday morning, two oil industry sources told Reuters. Another source said the ...

The Russian government relies mainly on profits from the export of raw materials, particularly oil, making sanctions against ...

Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...

Southern California's Edison International owes its survival to luck, at least in part.

A fresh wave of U.S. sanctions against Russia’s oil industry threatened to disrupt global supplies, sending crude prices to ...

Oil slipped in early Asian trade. Prices had recently extended their gains as traders fretted over tightened supplies after the U.S. imposed sanctions on Russia’s energy industry, ANZ Research said.

Energy stocks have surged 5% so far this year, outpacing the S&P 500 index's 1% loss after lagging the market for the last ...

A fresh wave of U.S. sanctions against Russia's oil industry threatened to disrupt global supplies, sending crude prices to their highest in more than four months. The power producer agreed to buy ...

Oil prices continued their upward move and were trading firmly above the $80 threshold on Monday as traders and analysts ...

Sweeping U.S. sanctions on Russia's oil industry will make it more expensive for Moscow to sell its oil and complicate ...

China and India may seek oil from other regions, while Russia might offer discounts.