Chinese state-controlled refining giant Sinopec has resumed buying Russian crude oil after a temporary halt due to concerns ...

Despite sweeping Western sanctions, Russia has steadily exported oil to countries outside the sanctions coalition. India and ...

The lower revenues, a result in part of President Trump’s trade war, could prove more damaging to the Russian economy than ...

But Russia's total revenue from oil exports in 2024 was $189 billion ... are delicate and complex and extremely difficult for Russian industry to replace under the current sanctions regime.

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.

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.

Russia downgraded its outlook for exports this year and lowered expectations for the price for its oil, developments that may force the government to dip into its wealth fund to cover wartime ...

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.

London summit will focus on security of supply and lessons of crisis that followed Russian invasion of Ukraine ...

Russia, the world's second-largest oil exporter, on Wednesday imposed restrictions on another major oil export route, suspending a mooring at the Black Sea port of Novorossiisk only a day after ...