Markets should prepare for a sharp downturn in the oil price, analysts with a satellite oil-tracking firm write in a guest ...

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 ...

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

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

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

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

When US President Donald Trump was inaugurated to his second term as president on Jan. 20, oil prices were close to the highs ...

"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 ...

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

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

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

The UK intelligence service has said that the sharp decline in oil prices threatens Russia's ability to finance its planned ...