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.

Crude oil futures experienced a decline on Monday after the Organization of Petroleum Exporting Countries and its allies (OPEC+) revealed plans to increase production in September.

Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...

The US economy will feel the pain if Trump makes good on this threat to hit countries buying Moscow’s oil with fresh tariffs on their goods.

The IEA raises its projections for oil supply growth in 2025 while trimming demand forecasts, citing weaker fuel consumption ...

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

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 ...

It is better to discuss things, to argue and engage in polemics than make perfidious plans of mutual destruction.” — Mikhail ...

Global crude oil prices are now lower than they were before Israel attacked Iran earlier this month. A price spike did occur, but it was short-lived — unlike oil crises of the past.

Orman recalled 2006 and 2007, when oil prices surged and the S&P 500 did, too. "The economy was roaring," she said, noting that high oil prices didn't slow the market.