An Illinois federal judge on Monday dismissed a lawsuit accusing pipeline operator Enbridge of blocking a rival from building ...

This week, the cost of shipping oil from Russia’s Pacific port of Kozmino to China’s eastern coast reached $7 million. Last ...

Oil tanker rates jumped as the Biden administration’s sanctions on Russia’s petroleum trade threaten to cut the supply of ...

Estimates vary, but S&P Global and the Kyiv School of Economics Institute have put the number at over 400 ships that can ...

Supply constraints and sanctions boost crude oil futures; traders eye $79.44 resistance, while $76.03 offers dip-buying ...

Bharat Petroleum Corp (BPCL), a state-owned oil refiner in India, anticipates a reduction in its processing of Russian oil to ...

The cost of shipping Russian ESPO crude to China has more than tripled after the US imposed aggressive sanctions on Moscow’s oil industry last week, with rates expected to climb even higher, according ...

The US sanctions on Russian oil producers and tankers are set to disrupt global oil trade, forcing China and India to seek ...

Oil prices have continued their merry run since the beginning of the new year on the back of increased concerns over supply disruptions.

The wide-ranging sanctions imposed by the US on the Russian oil sector have started to dent near-term oil flows to India with ...