Saudi Arabia and other OPEC+ oil producers on Sunday announced further oil output cuts of around 1.16 million barrels per day, in a surpri...

Russia, the world’s biggest exporter of energy, could cut oil production and will refuse to sell oil to any country that imposes the West’...

Russian authorities rejected a price cap on the country's oil set by Ukraine’s Western supporters and threatened Saturday to stop supply...

The G7 and EU on Dec. 2 agreed a $60-per-barrel price cap on Russian oil in an attempt to deny the Kremlin of war resources, as President ...