Oil prices remained above $60 but posted their first weekly decline since last month. West Texas Intermediate traded in a very narrow range on the New York Mercantile Exchange, falling three of five ...

Increased oil demand forecasts, along with the existing sanctions on Iran’s exports, provided some upward support while ...

Friday closed up +0.33 (+0.54%) and July RBOB gasoline (RBN25) closed down -0.0169 (-0.81%). Crude oil and gasoline prices on ...

G7 finance ministers agree to increase pressure on Russia, including potential further sanctions, if a cease-fire in Ukraine ...

BERLIN, May 23. /TASS/. The European Union (EU) is discussing new sanctions against Russia, in particular in the energy sector, where the possibility of lowering the oil price cap will be considered, ...

Finance ministers and central bank governors from the G7 countries discussed the possibility of lowering the agreed price cap ...