Does the shift signal that the Saudis are bowing to U.S. pressure to lower the price of crude as a means of exerting pressure ...

Russian oil companies are drilling this year in a way they haven't done for at least five years. Sanctions did not prevent us ...

Top oil producers, members of OPEC+, which includes the Organization of the Petroleum Exporting Countries (OPEC) and allies ...

He explained: “Military spending jumped by 53% in 2023 — that was the fuel for Russia ’s brief recovery. But this year it ...

Donald Trump’s trade war scared the entire world and drove the price of oil to a record low level. A barrel promises to ...

LONDON/DUBAI] Opec+, which includes the Organization of the Petroleum Exporting Countries and allies such as Russia, has ...

Russia's Economic Development Ministry downgraded its 2025 forecast for Urals crude, Russia's major oil export brand, to $56 ...

Russia is projecting a 24% decrease in oil and gas revenues this year compared to previous estimates, following a recent ...

Russia is accelerating new oil well drilling to the fastest pace in five years, showing resilience to Western sanctions ...

More than three years since the start of Moscow's full-scale invasion of Ukraine, Russia's defense industry has adapted to a ...