Tumbling oil prices dragged the value of Russia’s crude exports to the lowest in more than two years, forcing the Kremlin to ...

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 ...

Russia's budget proceeds from oil and gas sales fell by around 12% in April compared to the same month last year, the finance ...

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

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 ...

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

U.S. and Russian officials are quietly exploring pathways to restore Russian natural gas flows to Europe—an initiative that, ...

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

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

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

The Russian government plans to use its fiscal reserves for 447 billion rubles ($5.51 billion), or about one-tenth of its ...