The U.K. sanctioned a vital figure in Russia’s oil trade, stepping up economic pressure on Moscow to strengthen Ukraine’s ...

Russia's oil price in roubles has fallen to a two-year low below the 4,000 rouble per barrel mark and some 40% lower than ...

Oil prices play a crucial role in Russia's budget and the Russian economy overall, but Russian national interests take ...

Tumbling oil prices dragged the value of Russia’s crude exports to the lowest in more than two years, forcing the Kremlin to ...

Russia has relied on an oil-purchasing deal with China to help keep its economy afloat while it wages its long-running and ...

The blaze is the latest in a series of fires and explosions that have plagued Russia's energy infrastructure over the past ...

Some Indian refiners are planning to take more Russian crude from the spot market this year, with at least one processor ...

The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.

A staged reading of Cassandra -- the iconic poem by Ukrainian literary legend Lesia Ukrainka -- takes place in the Ukrainian ...

New data has suggested that Russian oil and gas revenue has seen a slump. Money raised decreased by more than 10% year on ...

Russia has found a new way to bypass Western sanctions, using the Indonesian port of Karimun. This route allows Russian oil ...

US President Donald Trump said that with a decline in oil prices, Russia is becoming more inclined to resolve the conflict as ...