The Latest Breaking News from Oil

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European Union member states backed a 10th package of sanctions on Russia including tighter export restrictions and technology controls, as well as requiring banks to report information on Russian Central Bank and other sanctioned assets they hold.

Despite nine sets of sanctions imposed by the European Union, the Russian economy only experienced a small contraction of its GDP in 2022. The "resilience" of the Russian economy was hailed on Tuesday by President Vladimir Putin during his state of the nation address. However, certain Western observers and politicians…

The import-dependent nation is facing economic hardship in the wake of Russia’s invasion of Ukraine as prices shoot up.

A trichologist has recommended a £1 product which acts like a 'topcoat' for the hair, reducing friction and thus breakage - but she also had recommendations for shampooing and conditioning too

Ultra-secretive Russian oil magnate Viatcheslav Rovneiko, who was a former spy and close to Vladimir Putin’s foreign intelligence chief, has died in mysterious circumstances near Moscow

Russia's invasion has been a boon for U.S. oil and gas companies but might also help address the climate crisis.

The Consumer Council has published data on the average cost of 500 litres of oil for your home

Our dependence on fossil fuels is one of the biggest challenges to overcome in the fight against climate change. But production and consumption of fossil fuels is on the rise, and expected to peak within the next decade.