Oil ends lower on Friday as uncertainty over the outlook for the market climbs ahead of an OPEC+ committee meeting and EU ban ...

U.S. Treasury Secretary Janet Yellen said on Friday that the United States and European Union were in the middle of ...

G-7 officials have agreed to review the level of the price cap on exports of Russian oil in March, later than originally ...

The European Union is heading for intense talks in the coming days over how to further curb Russian revenues from exports of ...

The European Union is considering setting a $100 a barrel price cap on Russian diesel to limit the potential fallout on ...

Russia has been offering Asian buyers shipping and insurance services that inflate the end price of its crude – which is ...

EU officials have failed to iron out the details of the price cap of Russian oil products going into effect on February 5 ...

Russia's war in Ukraine is hitting Africans particularly hard by exacerbating food insecurity and putting an unnecessary drag ...

Ukrainian President Volodymyr Zelenskyy said the decision to impose a $60 price cap on Russian seaborne oil can’t be called “a serious decision” as that level is “quite comfortable” for Russia's ...

The Biden administration is inclined to oppose any move to lower the price cap on exports of Russian crude oil, despite a ...

European Union countries have agreed to put a cap on Russian oil prices of $60 per barrel, bringing an end to days of arguments over how hard to hit Vladimir Putin's fossil fuel revenues. According to ...