Oil rose in early trade on prospects of potential U.S. sanctions on Russian oil and reports that OPEC+ was weighing a pause in output hikes after August.

Brent for September settlement rose 0.6% to $69.03 a barrel as of 3:00 p.m. in Singapore after dropping 2.2% on Thursday.

Oil prices rose on Friday, following US President Donald Trump's announcement of an upcoming statement concerning Russia, ...

Oil prices rose on Friday after U.S. President Donald Trump said he would make an announcement regarding Russia, raising the ...

A new bipartisan U.S. sanctions package aims to pressure Russia by slapping a 500% tariff on imports from countries buying ...

The co-sponsors of new bipartisan U.S. sanctions package targeting Russia have briefed European allies and Ukraine on the ...

With Russia escalating its attacks in Ukraine and European powers pushing for tougher action, US President Donald Trump's ...

The European Commission has proposed a major overhaul to its Russian oil price cap regime, introducing a floating benchmark ...

Senate sanctions bill targeting Russia's energy exports with hefty tariffs gains momentum as Trump shifts position on Russia, ...

BRUSSELS, July 10. /TASS/. The European Commission suggested introducing a so-called "flexible" oil price ceiling for Russian oil, a source in Brussels told reporters.

The European Commission is expected to propose a floating Russian oil price cap this week as part of a new draft sanctions ...

The US secretary of state added that Donald Trump is "frustrated by the fact that more progress has not been made" and that both chambers of Congress are ready to work on new a ...