The European Union is reportedly close to agreeing on a fresh price cap for Russian crude as part of its latest package of ...

European Union envoys are on the verge of agreeing an 18th package of sanctions against Russia for its full-scale invasion of ...

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

The European Commission has proposed a major overhaul to its Russian oil price cap regime, introducing a floating benchmark ...

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West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.50 during the early Asian trading hours on ...

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 ...

The European Commission (EC) is reported to be planning a “floating” price cap on Russian oil shipments. The measure will be ...

By Julia Payne and John Irish BRUSSELS/PARIS (Reuters) -The European Commission is expected to propose a floating Russian oil ...

The European Union faces challenges in adopting its 18th sanctions package against Russia due to disagreements over the oil ...

Despite lagging behind so far this year, the overall energy sector managed to outperform the wider market this week with ...