Russia and Saudi Arabia Are Not at War Over Oil Prices: Kremlin Spokesman
Moscow and Riyadh are not waging any wars over oil prices, Russia’s presidential spokesman Dmitry Peskov said on Friday, according...
Energy
Chinese State-Run Company Refuses Oil From Russian Firms Sanctioned by U.S.
A subsidiary of Chinese state-owned refiner Sinochem Group has refused to buy oil from Russian energy giant Rosneft, the parent...
Russian Oil Exports to China Dropped 30% in January
Oil supplies from Russia to China in January 2020 fell by almost 30% compared to the same month of 2019...
Russia Announces Measures to Support Ruble, Oil Producers
New measures to prop up the ruble and Russia’s oil producers were announced on Thursday, as the government is trying...
Oil Suffers Deepest Plunge in 18 Years as Global Price War Escalates
Intensifying recession fears drove the price of oil to its lowest levels in 18 years on Wednesday as the commodity’s...
Ruble Reaches New Four-Year Low as Oil Price Slides Below $28
The ruble dropped to its lowest level against the dollar since February 2016 on Wednesday, following oil prices which slid...