Russia's oil producers have been drilling at a pace not seen in at least five years as the nation readies for both a ...

Russian oil companies are drilling this year in a way they haven't done for at least five years. Sanctions did not prevent us ...

Russia is accelerating new oil well drilling to the fastest pace in five years, showing resilience to Western sanctions ...

The preliminary agreements came as the U.S. looks to isolate Iran from the rest of the world unless Tehran agrees to a new ...

Russia's central bank kept borrowing costs at a two-decade high of 21 percent on Friday to combat rampant inflation, despite ...

Russia, the world's second biggest oil exporter and the second largest natural gas producer, sees stable crude production and ...

The proposed tariffs, which range from 25 to 50 percent, would not directly target Russia but would penalize foreign countries that continue trading with it.

European oil traders are weighing when to re-enter Russia’s markets with some predicting Moscow will seek to maintain increased control of its oil exports even if western sanctions are lifted.

The share of OPEC oil in India's imports fell to a record low in fiscal year 2024-25 as refiners continued to gorge on ...

Brent crude futures fell 41 cents to $66.14 a barrel by 0953 GMT, while U.S. West Texas Intermediate crude fell 36 cents to $62.43 ...

President Donald Trump has threatened secondary sanctions on Russia’s energy industry if Washington and ... I am going to put secondary tariffs on oil, on all oil coming out of Russia ...