Fossil fuel revenues form the backbone of Russia's economy, which has been buffeted by sanctions following Vladimir Putin's full-scale invasion of Ukraine.

On the H1 chart, MACD is flat with a mild bearish crossover, Stochastic hovers near oversold, and DMI reflects trend ...

Oil prices renewed their drop yesterday for the past two days yet oil bears seem to be getting tired. In this report we are ...

Here’s why: Oil demand pretty closely follows global economic growth. And the Trump administration’s tariffs are scrambling ...

The average LNG price for September delivery into north-east Asia was at $11.65 per million British thermal units (mmBtu), down from $11.90/mmBtu last week, industry sources estimated. The contract ...

Last year, we reported that commodities trading powerhouse Trafigura Group saw its net profit drop 73% to $1.47 billion, the ...

A Russia-Ukraine peace accord would lower fuel prices, but any stalemate or escalation is a boon for the oil industry.

By Wayne Cole and Alun John SYDNEY/LONDON (Reuters) -Stocks marked time on Monday, holding just shy of peaks scaled in late ...

U.S. President Donald Trump is trying again to end the war in Ukraine – not by targeting Russia, but by hitting the countries that buy Russia’s oil.

Although today’s dangers are not in the same league as a world war, they are significant. Pundits talk of a “polycrisis” running from the covid-19 pandemic, land war in Europe and the worst energy ...

Oil didn’t collapse following this weekend’s OPEC+ decision—a sign that there isn’t immediate fear of oversupply and that the market hasn’t shaken off entirely geopolitics-driven volatility.

By Myra P. Saefong OPEC+'s 'superhike' is having an unexpected effect Oil prices marched to their highest levels in two weeks on Tuesday, gaining ground despite plans to increase the flow of crude ...