The United States is prepared to supply European countries with "as much gas and oil as is needed" to replace Europe's dependence on Russian energy imports, President Volodymyr Zelensky claimed in his evening address on Oct.

Crude oil futures posted a third consecutive weekly loss as increased oversupply concerns and further tariff sparring between the US and China sent prices to their lowest in five months.

Bjarne Caesar Skinnerup works as a maritime pilot in the straits of Denmark. That means he’s used to seeing oil tankers. But after the start of the war in Ukraine, the tankers started getting weird. They were flying flags he’d never seen before.

Russian President Vladimir Putin said Thursday that his country was still among the world's top oil producers, despite what he called "unfair" anti-competitive practices used against it.

Hi, this is Yuliia Taradiuk reporting from Kyiv on day 1,336 of Russia's full-scale invasion of Ukraine. Today's top story: Russia's Novokuibyshevsk oil refinery ceased operations following a Ukrainian drone attack,

More than three and a half years on from Russia’s invasion of Ukraine, Europe is still grappling with its energy security by diversifying its oil and gas imports away from Moscow and toward other markets.

The legislation would tariff countries that import Russian oil and gas. It would also target companies involved with Russian energy.

Russian company Russneft has supplied a first oil cargo to the newly built Kulevi oil refinery in Georgia this month, according to LSEG ship-tracking data and industry sources.