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

Ambassadors of European Union governments on Friday discussed a European Commission proposal to set price caps on Russian oil products from Feb 5, but reached no decision and decided to continue talks ...

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

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

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

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

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

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 offline primary oil refining capacity for 2023 is set to increase by 29%, or 5.976 million tonnes, from the previous year to 26.55 million tonnes, according to data from industry sources and ...

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 ...

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 ...

The Group of Seven countries, Australia and the European Union will extend sanctions on Russia for its war in Ukraine by ...