Oil and gas revenue is expected to account for around 27% of Russia's federal revenue in 2025, according to a draft budget ...
Russian Foreign Minister Sergei Lavrov said on Tuesday that Moscow was in contact with its "Serbian friends" about the fate ...
The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...
These measures have halted crude oil deliveries to Asian buyers, leading to logistical challenges and growing stockpiles, ...
Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since ...
Energy stocks have surged 5% so far this year, outpacing the S&P 500 index's 1% loss after lagging the market for the last ...
The price of WTI crude oil approached $80, marking a five-month high, and lifted ETFs holding oil and energy stocks in the process.