Russia's economy ministry has cut its forecast for the average price of Brent crude in 2025 by nearly 17% from what it saw ...

By Gleb Stolyarov and Alexander Marrow (Reuters) -Slowing economic growth and reduced demand for large purchases like cars, ...

The Ministry of Economic Development has changed the forecast of the price of Russian oil for this and the next two years. It ...

Dependence on Russian oil imports has ended for an EU country after about 60 years in another economic blow to Vladimir Putin ...

With about 30,000 to 45,000 Russian troops killed or injured in Ukraine each month, Moscow can likely only afford another 12 ...

Russia dodged “Liberation Day” tariffs, but Moscow is still perilously exposed for one reason: oil.

The Russian central bank will keep its benchmark rate on hold at 21% at a board meeting on April 25, all 25 analysts who took part in a Reuters poll predicted on Monday, as global economic turbulence ...

Russia's Economy Ministry has revised its oil price forecast downward for this year and the next two years, reflecting ...

In 2022, the G7 nations, Australia and the European Union implemented a price cap of $60 a barrel on Russian crude oil to limit how much Moscow can make from its crude oil exports. The EU is a ...

Crude prices are critical for Russia’s federal budget, which relied on oil and gas for almost 30% of its proceeds in January-February, according to government data. As the nation’s spending in the ...

U.S. President Donald Trump has inadvertently hit Russia’s economy after his "Liberation Day" tariffs caused oil prices to drop drastically on April 7, with potentially massive ramifications for the ...