Oleg Kazanov, head of Russia’s Federal Agency for Subsoil Use (Rosnedra), stated that of the country’s estimated 81.6 billion tons of oil resources, only 13.2 billion tons—about 16%—are considered ...

Sunflower oil production in Russia has sharply declined. Prices for most food products are also rising there, according to the Center for Countering Disinformation on Telegram. The Center for ...

Russia's seaborne exports are declining in November as US sanctions against the country’s two largest oil producers Rosneft ...

OPEC+ will meet this weekend to decide December output levels, with sources suggesting a modest 137,000 bpd increase. New U.S. sanctions on Rosneft and Lukoil have injected fresh uncertainty into ...

TINOS, Greece, July 21 (Reuters Breakingviews) - Donald Trump does not need so-called secondary tariffs to crush Russia’s oil revenues, currently running at $160 billion a year. The U.S. president’s ...

Ukraine’s drone and missile strikes on Russian refineries, depots, and ports have taken over 1 million bpd of refining capacity offline. Despite talk of an oil glut and OPEC+ output hikes, global ...

President Donald Trump escalated pressure on Moscow on Tuesday, declaring the United States would impose tariffs and sanctions on Russia within 10 days unless significant progress occurs toward ending ...

The U.S. Energy Information Administration revealed its latest U.S. crude oil production forecast in its July short term energy outlook. The U.S. Energy Information Administration (EIA) revealed its ...