Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of ...

The wide-ranging sanctions imposed by the U.S. on the Russian oil sector have started to dent near-term oil flows to India ...

President Vladimir Putin has grown concerned about distortions in Russia’s wartime economy, just as Donald Trump pushes for an end to the Ukraine conflict, sources say.

Domestic activity has become strained in recent months by labour shortages and high interest rates introduced to tackle inflation, which has accelerated under record military spending.

Donald Trump is throwing Russia off balance by threatening Vladimir Putin with secondary sanctions and oil restrictions unless he starts Ukraine peace talks.

West Texas Intermediate dipped toward $75 a barrel, extending a run of losses that started last Thursday, while Brent closed ...

But sure to keep the bearish momentum going was a late disclosure on Wednesday from the American Petroleum Institute, which estimated that crude inventories in the U.S. increased by 1 million barrels ...

Brent crude futures dipped two cents to $78.98 a barrel by 0941 GMT, while U.S. West Texas Intermediate crude lost four cents ...

The oligarch Vagit Alekperov is Russia's official richest man after being behind the country's biggest oil company.

Crude oil futures drop as US inventories rise, Trump's tariff threats impact global economy and commodity demand.

Russia is considering accepting Bitcoin as payment for its oil and gas exports ... which has lost over 20% in value this year. Sanctions imposed by the UK, US and the European Union, following ...