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.

The United States and Britain on Friday announced sanctions against Russia's energy sector, including oil giant Gazprom Neft, ...

The National Iranian Oil Company (NIOC) released the official selling prices for Iranian crude oil in January 2025.

There are different types of crude oil. The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a particularly ...

The price of Brent Crude oil continues to trade at a two-month high near $76 a barrel, having rallied 1.7% in yesterday's ...

BAKU, Azerbaijan, January 7. The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta ...

According to CPC, Taiwan’s floating oil price adjustment indicator 7D3B (70% Dubai, 30% North Sea Brent) saw a weekly average price increase of US$0.10. This gain, along with the New Taiwan dollar ...

Brent Venables leaned on the Sooners improved defense all season, but after losing its top two stars, OU couldn't put a good ...

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 ...