Oil prices soared on Friday as traders anticipated rumoured new US sanctions against Russia, which would further disrupt its crude exports and therefore tighten supplies.

A Brent Crude futures contract involves the delivery of Brent Crude oil (harvested in the North Sea off the shore of Britain) at a certain price on a certain date. Oil futures are calculated by ...

Brent Crude is an oil product originating in the North Sea, with several oil rigs working off the coast of the British Isles. Are futures riskier than options? Understand the risks of futures vs ...

BAKU, Azerbaijan, January 9. The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta ...

LONDON, Jan 2 (Reuters) - North Sea Forties crude differentials rose on Thursday after a deal, while Brent was offered lower without finding a buyer.

A French energy giant has shut down a key North Sea hub amid growing concerns over the Government’s windfall tax. Total Energies halted production at the Gryphon terminal, which is responsible ...

Joe Biden has announced a ban on offshore oil and gas extraction covering most US coastlines, days after Donald Trump branded ...