The Russian government is slashing budgets for major projects across a number of sectors in response to plummeting revenues ...

Behind OPEC+'s plan to ramp up oil output and punish over-producing allies, group leaders Saudi Arabia and Russia are pushing ...

The decline in oil prices due to the increase in production by OPEC+ countries is aimed not only at punishing allies who ...

It comes as businesses and consumers across Russia grapple with the effects of spiralling inflation and high interest rates.

Demand is growing slowly while supply is increasing faster than usual. That’s bad news for Putin.

Russia’s oil-export revenues in April fell to the lowest in nearly two years as global crude prices declined amid sluggish ...

The European Union included Russia’s third largest oil producer Surgutneftegaz in its 17th round of sanctions released on ...

Oil stocks have made many millionaires, but this highly cyclical industry is not without risks. Learn how to invest your money in the best oil companies.

HOHHOT, CHINA - Media OutReach Newswire - 21 May 2025 - As China's largest land port, Manzhouli is expanding beyond its ...

The European Union’s latest sanctions include many affecting Russia’s oil industry.Credit...Alexey Malgavko/Reuters Russian officials and propagandists have brushed off the European Union’s ...