Russia’s War Chest May Be Shrinking Over Oil Woes

Last month, the US sanctioned Russia’s two largest oil producers, prompting some buyers in Asia to say they’d scale back ...

Russia's oil and fuel export revenues continued to slide in October, IEA says

Russia's revenues from crude oil and refined products fell again in October due to lower export volumes and weaker prices, ...

Russia's Saratov Oil Refinery Stopped on November 11 After Drone Attacks, Sources Say

MOSCOW (Reuters) -Russia's Saratov oil refinery on the Volga river stopped primary oil refining on November 11 following Ukrainian drone attacks, two industry sources told Reuters on Friday. According ...

Sanctions Blight Arctic Route to China for Russia’s Oil Shippers

Russia’s oil shipments through the Arctic Ocean are encountering increasing delays because of US sanctions, a fresh example ...

Russia and Kazakhstan agree to strengthen ties in oil, oil products after talks in Moscow

Russia and Kazakhstan have agreed to boost their partnership in the oil sector following talks between their respective ...

Ukraine working on another prisoner exchange with Russia, Zelenskyy says

Elsewhere, the president of Finland warned that a ceasefire in Ukraine is unlikely before the spring and urged European ...

Consumers Feel Pinch at Pump as Russia Drives Oil Refining Boom

In Europe, the US and Asia, giant plants are making money by doing what they’ve always done: converting crude oil into vital fuels and selling them at a profit. What’s different today is the scale of ...

Serbia's energy reliance on Russia comes unstuck facing US oil sanctions

An impasse over Russian oil and imminent US sanctions has put Serbia at loggerheads with its traditional ally in Moscow.