Fossil fuel revenues form the backbone of Russia's economy, which has been buffeted by sanctions following Vladimir Putin's ...

Oil prices gained ground during Thursday’s Asian session, ending a three-day losing streak after U.S. government data ...

Oil prices rose early Thursday as falling U.S. inventories and Middle East tensions tightened markets despite trade-related volatility.

The price of Russia's Urals crude oil remained $2 per barrel below the $60 per barrel limit imposed by Western nations amid ...

The average Russian oil price calculated in roubles has stayed below the federal budget's target for 2025, Reuters ...

Oil futures extended losses to three sessions, but pulled up from early lows as the EIA reports a 3.9 million barrel weekly draw in U.S. crude oil stocks following large builds the previous two weeks.

Many energy analysts think that oil prices will soon rise above $100 a barrel for the first time in more than a year, since the turmoil that followed Russia’s invasion of Ukraine.

Oil's price surge last month has pushed down consumer demand, the International Energy Agency said. As Brent crude oil prices neared $100 a barrel, gasoline deliveries fell to two-decade lows.

For the first time in nearly two months, crude oil prices have fallen below $100 a barrel, reflecting investors’ growing concerns about a US recession that could crimp demand for oil.

US oil prices jumped above $90 a barrel on Thursday for the first time in more than seven years. The latest rally comes just a day after OPEC and its allies declined to aggressively ramp up ...

Energy prices are going up — for things like coal, natural gas and crude oil. On Tuesday, global crude oil prices topped $80 a barrel for the first time in nearly three years.

Crude oil prices have crossed $70 per barrel despite an increase in production quotas assigned to OPEC+ members, with ...