The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude ...

The European Union took a tentative step closer to a new price-cap regime on Russian oil that would aim to push the price of ...

EU diplomats said the floating cap would be recalibrated every three months based on the 10-week average of global prices, ...

The European Commission has suggested a floating price cap on Russian oil, targeting 15% below the average market price over ...

The European Union may link the so-called price cap on Russian oil to global market prices. Source: Bloomberg Quote: "Member ...

Russia's revenue from crude oil and oil product sales declined by nearly 14 per cent year-on-year (YoY) in June, reaching $13 ...

Oil prices are set to end the week higher after Trump delayed his tariffs and the Houthis sunk ships in the Red Sea.

Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, while U.S.

The European Commission is reportedly set to propose a floating price cap on Russian oil exports. The price cap is aimed at curbing Russia's income from oil exports in response to its invasion of ...

New Delhi: Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Friday that India’s purchases of Russian crude ...

Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...

Russia’s quarterly fossil fuel revenues have fallen to their lowest levels since Moscow invaded Ukraine in 2022. Source: ...