european sanctions on russia

Russia will cut oil production by 500,000 barrels per day (bpd) next month, amounting to about 5 percent of its output, Deputy Prime Minister Alexander Novak said on Friday, following ...

Russia’s Deputy Prime Minister Alexander Novak has revealed a possible cutting down of oil output by around 500,000–700,000 ...

European Union (EU) leaders recently agreed on a ninth package of sanctions against Moscow, but the group is ...

Further tightening its financial sanctions against Russia for invading Ukraine, the European Union has announced a complete ban ...

Europe, which is currently reeling under an energy crisis, could see winter gas shortages last another three years ...

Russian state-owned energy corporation Gazprom has scrapped plans to restart gas flows through its Nord Stream 1 pipeline ...

Ben van Beurden, the CEO of Shell, recently warned about the low spare capacity in the oil markets ...

Oil prices are heading up in summer 2022 according to Goldman Sachs analyst Jeff Currie, who believes prices ...

The government of Ukraine has banned the export of key fuels, according to a resolution published on the ...

Oil prices remained elevated during early trading on May 30 as traders await Europe’s decision on Russian oil ...

Gas prices in the United States hit a record high on Tuesday as crude oil continues to remain ...

Even though the West is taking every measure to limit the use of Russian oil in their regions, ...

Crude oil prices declined on Tuesday trading due to demand worries from China and the country’s weak manufacturing ...

Though Germany is moving “as fast as possible” to end its dependence on Russian energy supplies, such a ...