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 ...

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

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

Russia dodged “Liberation Day” tariffs, but Moscow is still perilously exposed for one reason: oil.

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.

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 ...

Oil industry experts told RFE/RL that Russian oil ... the total damage could amount to 77.9 billion rubles ($927 million). However, Russia’s total income from oil exports in 2024 was estimated ...

A massive blaze has erupted at the Komsomolsk-on-Amur oil refinery in Russia, with initial reports indicating a refinery column about 50 meters high is engulfed in flames, covering an area roughly ...