Lukoil, Russia's largest private oil company, has been forced to seek government support amid a collapse in prices for ...

To cover the falling revenues, the Ministry of Finance will have to withdraw about Br3 trillion from the NWF, and about Br700 ...

By Jeslyn Lerh and Natalia Chumakova SINGAPORE/MOSCOW, Jan 26 (Reuters) - Russian fuel oil exports to Asia slowed in early ...

Lukoil has approached the Russian government seeking changes to the oil tax formula as discounts on Russian crude exceed $20 ...

MOSCOW, Jan 19 (Reuters) - Russia's federal budget proceeds from taxes on oil and gas are expected to drop by 46% in January ...

Russian crude prices are at their lowest since the war in Ukraine began, as sanctions deepen the discounts the nation’s oil industry needs to offer and benchmark futures tumble. On average, Russian ...

Russia's oil and gas revenues plunged to their lowest monthly level of 2025 in December, weighed by weaker oil prices and the ...

Prices for Russian Urals crude for China have fallen to an all-time low due to a sharp drop in demand for Russian crude from another major buyer, India, according to Bloomberg. According to the ...

Russia’s fuel oil exports to Asia are falling for a third consecutive month as U.S. sanctions, refinery disruptions, and ...

Attempt to squeeze Russian oil revenues follows introduction of ‘semi-floating’ system in 2025 sanctions package ...

For much of last year, discounted Russian oil made up the lion's share of Indian purchases, a financial lifeline for Moscow ...

Oil prices are retreating after a geopolitics-driven spike, as the glut narrative regains control.