Supertanker freight rates jumped after the U.S. expanded sanctions on Russia’s oil industry, sending traders rushing to book vessels to […]

Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs, as new US sanctions...

Global diesel prices and refining margins spiked following the latest round of U.S. sanctions on Russia’s oil trade on expectations the measures...

The cost to hire an oil supertanker on key routes to China has doubled since the US imposed sanctions on Russia, showing the extent to which the move...

Russia’s vast Arctic oil business is facing major disruption from US sanctions on its tankers and depots, stranding crude supplies previously...

Asian refiners, tanker operators, traders, and port executives are facing significant disruptions after the US imposed stricter sanctions on Russia's...

Global diesel prices and refining margins spiked following the latest round of US sanctions on Russia’s oil trade on expectations the measures would...

Brent crude rose above $81 a barrel after rising nearly 4% in the previous session. West Texas Intermediate was near $78. The sweeping measures,...

NEW DELHI/SINGAPORE (Reuters) – Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and...

The US sanctions imposed on Friday target Russian oil producers Gazprom Neft and Surgutneftegaz, along with 183 vessels involved in shipping Russian...