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

A 14th consecutive drop in prices, combined with lower volumes, pushed the value of exports to the lowest level since Russia’s invasion of Ukraine in February 2022,” the agency said. On a four‑week ...

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

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

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

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 ...

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

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

Oil and gas sector experts see Middle East dependence, uncertain Venezuelan barrels and gas growth targets redefining India’s ...

Russia’s oil-and-gas budget suffered a painful blow in 2025. Revenues from the sector fell 24% to 8.48 trillion roubles, the ...

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

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