The sources said all the elements of the package had been agreed, although one member state still has a technical reservation ...

Oil prices nudged higher on Monday, adding to gains of more than 2 per cent from Friday, as investors eyed further U.S.

The European Commission has proposed a floating price cap on Russian crude oil set at 15% below the average global market price over the previous three months, European Union diplomats said on July 11 ...

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

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

Maximilian Hess, a fellow at the Foreign Policy Research Institute, told The Times that the proposed 500% tariff, as written, ...

In its next sanctions package, the European Union is planning a mechanism to dynamically adjust the price cap on Russian oil in response to market fluctuations, Bloomberg reported on July 11.

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

If the Trump administration's decisions on ecomonic sanctions moving forward are consistent with the harsher-than-expected tariff rates we've seen announced this week, then there is a "small but poten ...

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

Oil futures posted gains for a second straight week as the market shrugged off higher OPEC+ production plans, a second large ...