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.

When asked specifically about a possible Russian response to the US sanctions, Peskov said: "Nothing can be ruled out.

By Iulian Ernst in Bucharest The president of the unrecognised separatist Transnistria region in Moldova, Vadim Krasnoselsky, ...

Indonesia, a new member of BRICS, is considering importing cheap Russian oil but faces challenges in complying with US sanctions.

The recently imposed US sanctions on Russian oil supply hold little if any advantage for President-elect Donald Trump.

US sanctions on Russian oil tankers and companies are driving up demand for Middle Eastern oil and causing a surge in global tanker freight rates.

The Russian Defense Ministry said that Ukraine launched six ATACMS missiles overnight at the Bryansk region, but that all of ...

Good afternoon and happy Tuesday, readers! In today’s Daily on Energy, Callie and Maydeen take a look at the future of permitting reform in the new Congress, with key lawmakers indicating uncertainty ...

The leader of Moldova's breakaway region of Transdniestria has travelled to Moscow for talks to resolve an energy crisis ...

Gazprom, Russia’s state energy corporation, plans to cut 1,600 positions at its St. Petersburg headquarters — reducing its ...

The crisis prompted a question: will the breakaway region, occupied by Russia since 1992, survive without Russian gas?

Market drivers The U.S. Department of Treasury announced sanctions Friday targeting two major Russian oil producers - Gazprom Neft and Surgutneftegas. It also imposed sanctions on 183 oil-carrying ...