Oil prices were already trading some 4% lower prior to the meeting, with investors worried Trump's tariffs would escalate a global trade war, curtail economic growth and limit fuel demand.

The on-again, off-again nature of Trump’s tariff pronouncements was making it more difficult for oil trading companies to do basic calculations on oil prices and how trade flows could change ...

The U.K. sanctioned a secretive oil-trading company that it described as a linchpin in Russia’s oil market, part of measures ...

According to one of the sources, just one Russian oil trading entity’s monthly volumes are in the tens of millions of dollars. Meanwhile, it appears that the sanctions on Russia’s oil industry ...

Some Russian oil companies are using bitcoin, ether and stablecoins such as Tether to smooth the conversion with trading countries, a Reuters report said. Russia is using cryptocurrencies in its ...