Oil prices remained stable as traders weighed new EU sanctions on Russian oil and awaited U.S. policy decisions on trade and ...

The EU approved on Friday the 18th package of sanctions against Russia over the conflict in Ukraine, which also targeted ...

The Ministry of Commerce draws attention to the fact that the EU sanctions "contradict the spirit of mutual understanding" reached at the highest level ...

India's oil trade with the European Union is under scrutiny as the EU deliberates on new restrictions targeting refined ...

Oil prices declined nearly 1.5% last week, their first weekly drop this month. The European Union on Friday approved its 18th ...

Brent crude rose minimally to $69.33 a barrel, and WTI increased to $67.36, despite a 1.5% drop last week. Analysts note ...

Rosneft accused the EU of overreach, claiming the sanctions violate international law and infringe on the sovereignty of third countries like India.

The ownership of Nayara is currently split between Rosneft and investment consortium SPV Kesani Enterprises Co., while the ...

MOSCOW: Rosneft, Russia’s biggest oil producer, on Sunday slammed European Union sanctions on India’s Nayara Energy refinery as unjustified and illegal, saying the restrictions directly threatened ...

By Ben Aris in Berlin The EU has approved the eighteenth sanctions package after Slovak Prime Minister Robert Fico agreed to drop his veto, saying that he had run out of negotiating options on July 18 ...

The European Union’s latest sanctions package targeting Russia’s energy and financial sectors officially came into force on ...