The Kremlin said it’s doing everything possible to minimize the impact of a global oil price rout on Russia’s economy as the ...

Russia, the world's second-largest oil exporter, on Wednesday imposed restrictions on another major oil export route, ...

Newsweek's map below illustrates the Russian ... This decrease in oil production not only starves Russia's ability to fund its war effort but also decreases the amount of revenue generated from ...

I’m going to put secondary sanctions on Russia,” Trump told NBC, saying he meant “all oil coming out of Russia.” He said he plans to speak to Putin this week. Russia is one of the world ...

The Western-backed Caspian Pipeline Consortium is preparing to challenge in a Russian court a regulatory order that has ...

Russia has ordered a 90-day halt to oil loading at berth 8 in the Novorossiysk port, following safety inspections, though the ...

Russia reaped less money from oil taxes last month as production fell and global crude prices declined. Oil-tax proceeds dropped by more than 15 percent from a year earlier to 956.8 billion rubles ...