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

By Olesya Astakhova, Dmitry Zhdannikov and Alex Lawler MOSCOW/LONDON (Reuters) - Behind OPEC+'s plan to ramp up oil output ...

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

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

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

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

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

Brent futures for July slipped seven cents to $64.75 a barrel by 0947 GMT, while June U.S. West Texas Intermediate crude ...

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