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Russia has shipped its first naphtha cargo to Vietnam, as it looks for new buyers to support sales hit by Western sanctions, data from traders and shipbrokers showed.
Fossil fuel revenues form the backbone of Russia's economy, which has been buffeted by sanctions following Vladimir Putin's ...
India Oil Corporation has drastically increased its purchases of American, Canadian, and Middle Eastern crude oil to be ...
"They're buying Russian oil, they're fueling the war machine, and if they're going to do that, then… then I'm not going to be happy," the U.S. president said.
Since Russia's February 2022 invasion of Ukraine, Western sanctions have cut off access to foreign-made aircraft and spare parts. With a fleet of more than 700 planes dominated by Airbus and Boeing ...
Russia’s oil production and exports have shown remarkable resilience in 2022, but 2023 may be a different story, according to Antoine Halff, the co-founder and chief analyst at Kayrros.
India has accused the EU and US of “indulging” in trade with Russia after Donald Trump criticised New Delhi for propping up ...
But Russia has regulated the industry so poorly that production is falling despite the soaring oil price. "Tax is the major impediment," Redman said.
Richards said Russia’s huge drop in oil and gas revenues is impacting its overall economy. “According to the Russian Finance Ministry, budget proceeds from oil and gas taxes fell 36 percent ...
Russia’s oil data show its crude output was slightly above the nation’s OPEC+ target in July, according to people familiar ...
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