Russian oil price cap articles
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Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for June delivery fell 26 cents to $79.80 per barrel Monday. Brent crude for July delivery fell 27 cents to $83.71 per barrel. Wholesale gasoline for June delivery fell 3
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How the West's plan to punish Russian oil backfired | About That
After Russia invaded Ukraine, the West took aim at Russia's oil sector to hamper Russia's wartime economy. Andrew Chang explains how Western leaders used oil price caps and shipping embargoes to disrupt a critical source of revenue — and the workarounds Russian President Vladimir Putin found to keep the oil money flowing.
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Oil prices seen to decline again next week
Pump prices for fuel products could decline again next week, as oil prices in the Asian market fell amid favorable global political and economic conditions, according to the Department of Energy.