Donald Trump’s threat to impose secondary sanctions on countries buying Russian oil is probably more symbolic than practical, leading oil analyst and senior fellow at the Carnegie Russia Eurasia Center,

Oil futures settle lower for a second straight session with the market continuing to brush off U.S. threats of sanctions against Russia and returning focus to the likelihood of oversupply after the hi...

According to the International Energy Agency, Russia's revenue from sales of crude oil and oil products in June declined by almost 14% from a year earlier to $13.57 billion.