Russia has amassed a shadow fleet to ship its oil around sanctions
Russia would have to use tankers willing to get around sanctions to ship its crude to Asia. It's known in the oil industry as a "shadow fleet."
oil
OPEC keeps oil targets the same amid uncertainty on Russian sanctions
The decision at a meeting of oil ministers Sunday comes a day ahead of the planned start of two measures aimed at hitting Russia's oil earnings in response to its invasion of Ukraine.
What to know about the West's new efforts to slash Russia's oil revenue
Plans take effect next week that would ban most Russian oil imports from Europe and put a price cap on the oil going elsewhere. But Russia could still make money off oil to fund its war in Ukraine.
As Harvard's endowment abandons fossil fuels, oil-rich University of Texas catches up
Royalties on oil and natural gas, along with lease payments on millions of acres of land, are helping the University of Texas, which is in second place, narrow the gap with Harvard.
The White House accuses Saudi Arabia of aiding Russia and coercing OPEC oil producers
A major oil output cut by Saudi Arabia, Russia and other oil producers has drawn sharp accusations in Washington.
Russia and Saudi Arabia agree to massive cuts to oil output. Here's why it matters
The 2 million bpd cut in oil production was backed by Saudi Arabia and could benefit Russia. The OPEC+ meeting took place as much of the world is battling soaring energy costs and rising inflation.
Gas prices drop below $4 a gallon. These factors will determine what happens next
The national average price of gasoline has fallen below $4 a gallon. These are four key factors that could determine what happens next with prices at the pump.
Biden's Middle East trip aims to shore up a relatively calm moment in the region
In his visits to Israel and Saudi Arabia this week, President Biden will aim to keep the oil flowing and lock in progress on the Middle East's simmering conflicts.
Russia-Ukraine war: What happened today (May 5)
A roundup of key developments and the latest in-depth coverage of Russia's invasion of Ukraine.
EU leader calls for Russian oil ban in new set of sanctions
The EU chief concedes that that getting all 27 member countries — some of them highly dependent on Russia for energy supplies — to agree on oil sanctions will be extremely difficult.