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 ...

Due to sanctions and falling oil prices, the Russian economy has begun a gradual transition from stagnation to recession.

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

The Kremlin said oil prices do not affect its national security decisions after U.S. President Donald Trump linked lower ...

Russia is considering changing its key budget-building mechanism in response to sliding oil revenue, in a sign the Kremlin ...

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

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

"I think Russia, with the price of oil right now, oil has gone down, we are in a good position to settle, they want to settle ...

A price drop benefits any country seeking to cut its fuel bill. But in oil producing nations, lower prices can feed economic ...

The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.

Russia's oil and gas revenues dropped by 12% in April and 10.3% in the first four months of 2025, driven by plummeting oil prices. The Kremlin expects 24% lower oil and gas revenue for 2025 ...

US President Donald Trump said that with a decline in oil prices, Russia is becoming more inclined to resolve the conflict as ...