France strains to avert power cuts as cold snap tests Europe

Belgium's natural gas supply could be at risk this winter in the event of a cold wave.

10 December 2022

Oil gives up the year's gains, closing at 2022 low

Russia is considering options including banning oil sales to some countries to counter the price cap imposed by Western powers.

8 December 2022

Oil falls on prospect of Keystone resumption, weakening demand

"In a healthy economic climate, such a development would be the equivalent of firing the starting gun in the race back to $100."

9 December 2022

Oil drops, but poised for biggest weekly gain since early Oct

On Thursday, the Bank of England and the European Central Bank raised interest rates to fight inflation.

16 December 2022

India seeks COP27 deal to 'phase down' all fossil fuels

The proposal would have to be agreed by consensus during the next week if it were to go into a final COP27 deal.

13 November 2022

India asked by sanctions-hit Russia for parts for key sectors

Indian imports from Russia have grown nearly five times to $29 billion between Feb. 24 and Nov. 20.

30 November 2022

India says Russia oil deals advantageous as Yellen visits Delhi

India has not condemned Moscow's invasion, but has called for peace and dialogue.

9 November 2022

OPEC+ agrees deep oil production cuts, Biden calls it shortsight

U.S. officials have said part of the reason Washington wants lower oil prices is to deprive Moscow of oil revenue.

6 October 2022