Oil prices crept higher on Wednesday as the market focused on potential supply disruptions from sanctions on Russian tankers, ...

A colder winter has pushed global oil demand higher while new US sanctions on Russia and Iran could tighten supplies from those countries, the International Energy Agency said Wednesday.

Loughani, Secretary General of the Arab Energy Organization (AEO), formerly known as OAPEC, stated on Wednesday that the ...

Oil prices rise slightly as traders await more clarity on the effect of U.S. sanctions on Russia. Brent crude is up 0.4% at $80.22 a barrel, while WTI is up 0.5% to $76.74 a barrel. Further gains are ...