Senior Managing Director Rick Rieder, who is reportedly on the Trump administration's short list to succeed Federal Reserve Chair Jerome Powell, said he thinks interest rates should be cut to 3% amid a weakening labor market.

Move comes in bid to protect Bulgaria's energy supply as US sanctions imposed on Lukoil OAO assets could effectively lead to shutdown of country’s only oil refinery - Anadolu Ajansı

Uncertainty surrounds a $6 billion offshore oil development in Kazakhstan following the imposition of sanctions on Russian oil producer Lukoil, sources have told Upstream.

Russia’s second-largest oil producer on Monday said it decided to sell off assets amid wide-reaching sanctions from the United States. “The consideration of bids from potential purchasers has been

Russian energy group Lukoil's foreign empire is suitor Gunvor's biggest acquisition target to date but looks far beyond the Swiss trader's borrowing capacity, bankers and insiders say.

The Bulgarian government moved quickly on Friday to propose urgent amendments expanding the authority of the special administrator overseeing the

Swiss trader’s audacious swoop on Russian group’s overseas assets revives industry speculation over Kremlin links

HELSINKI (Reuters) -Finnish petrol station chain Teboil, owned by Russia's Lukoil, is running out of fuel as U.S. sanctions against its parent company prevented it from doing business, daily Helsingin Sanomat reported on Friday,