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 ...

Russia's budget proceeds from oil and gas sales fell by around 12% in April compared to the same month last year, the finance ...

The UK government has announced sanctions against 100 Russian oil tankers belonging to the so-called shadow fleet that are ...

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

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

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

The European Commission has published a roadmap for the European Union to end its dependency on Russian energy by stopping ...

Britain on Friday announced a package of sanctions aimed at Russia, including placing asset freezes on several directors of ...

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

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.

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