The rush to buy replacement cargoes for sanctioned Russian oil has pushed Middle Eastern crude prices to an unusual premium ...
Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which ...
Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade ...
Oil prices experienced a decline on Monday, after US President Donald Trump’s public call for OPEC to lower prices. This statement from Trump followed the announcement of extensive measures to ...
The global crude oil market is facing a period of sustained higher prices due to tightening supplies caused by sanctions on Russian oil exports, logistical challenges, and strategic policy ...
"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
Russian refineries are processing more crude oil in the hope of boosting fuel exports after the Biden administration imposed fresh sanctions on Russian crude. The sanctions have targeted ...
Petrol prices in the UAE are anticipated to rise in February 2025 in response to global oil prices, which surpassed $81 per ...
Since the deregulation of petrol prices in 2015, the UAE has aligned its fuel prices with global oil price shifts. January ...
New U.S. sanctions on Russian oil exports have caused tanker rates to surge and trade to freeze as shippers scramble for ...