In the first two months of 2023, Russia increased its crude oil sales to China by almost a quarter. It overtook Saudi Arabia ...

For Ukraine, the war against Russia is existential. Defeat means extinction as a sovereign nation, and the destruction of Ukrainian identity. Russia’s troubles, however, are self-inflicted. By ...

Moscow is poised to alter the taxation of Russian oil companies in order to increase state revenues by tapping into crude oil ...

Southeast New Mexico’s Republican lawmakers said the 2023 Legislative Session could have been worse as the GOP was able to ...

Historically, giant commodity traders such as Switzerland's Vitol, Glencore, and Gunvor as well as Singapore’s Trafigura have ...

Government worried as global oil price weakens hopes of higher tax payments from country’s producers Russia is set to extend ...

Oleg Ustenko told Newsweek it would be "ridiculous" if the West failed to press its economic advantage against Moscow.

Price action today will likely be largely dictated by the outcome of the FOMC meeting. It is still unclear whether the Fed ...

Novak gave no details of the planned production cuts but said Russia would not accept any external restrictions that posed "significant risks for the energy security of the whole world." On Feb. 10, ...

But globally, it's important because, as you can see, for energy security and with that shift, how other countries are trying ...

Brent is so far holding above $70/bbl, but some warn that the same macroeconomic factors that drove its recent plunge remain ...

The International Monetary Fund's prediction of a 0.3% growth in Russia's economy for 2023 has raised concerns about possible ...