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.

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

Russian stocks closed mostly flat on Saturday, with the MOEX Russia Index ending the day unchanged at 0.00%. Investor ...

Urals brand oil is currently the cheapest it has been since 2023. The head of Russia's Central Bank warned that falling oil ...

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

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 ...

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

"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 ...

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