The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude ...

The European Union took a tentative step closer to a new price-cap regime on Russian oil that would aim to push the price of ...

EU diplomats said the floating cap would be recalibrated every three months based on the 10-week average of global prices, ...

The European Commission has suggested a floating price cap on Russian oil, targeting 15% below the average market price over ...

The European Union may link the so-called price cap on Russian oil to global market prices. Source: Bloomberg Quote: "Member ...

Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, while U.S.

New Delhi: Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Friday that India’s purchases of Russian crude ...

Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...

Even before a Russian attack drone murdered an innocent 1-year-old Wednesday and highlighted Vladimir Putin’s savagery, ...

The EU's top diplomat on Friday (July 11, 2025) slammed Russia's latest blitz on Ukraine as "unacceptable", saying the ...

Russia’s quarterly fossil fuel revenues have fallen to their lowest levels since Moscow invaded Ukraine in 2022. Source: ...

The proposed price cap would be set at 15% below the market rate based on a 10-week average, lowering the threshold to $50 ...