The new reality has forced the Kremlin to raise taxes and increase debt, and hovers over peace talks with Ukraine.

In November, the gap between Brent — the international oil benchmark now trading at its lowest level since 2021 — and Russia’s main Urals blend roughly doubled month on month, after the US imposed ...

Russian oil is trading at about $50 a barrel. That's well below Moscow's forecasts, but not low enough to force Vladimir Putin into major policy shifts.

LONDON, Nov 10 (Reuters) - Oil prices have oscillated in a relatively narrow range of $60 to $70 a barrel in recent months, reflecting both warnings over rising oil supplies as well as concerns about ...

US stocks got hit as oil investors skimmed profits in the tech sector and concerns rose over higher oil prices.

Crude imports hit record highs, with December stockpiling estimated at 2.67 million bpd-the fastest pace since 2020-as ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge can ...