The new reality has forced the Kremlin to raise taxes and increase debt, and hovers over peace talks with Ukraine.
Russian oil is trading at about $50 a barrel. That's well below Moscow's forecasts, but not low enough to force Vladimir Putin into major policy shifts.
In November, the gap between Brent — the international oil benchmark now trading at its lowest level since 2021 — and Russia’s main Urals blend roughly doubled month on month, after the US imposed ...
Humanoid robots are moving fast from science fiction into factories, warehouses, hospitals, and even field operations. As companies race to ...
Crude imports hit record highs, with December stockpiling estimated at 2.67 million bpd-the fastest pace since 2020-as ...
US stocks got hit as oil investors skimmed profits in the tech sector and concerns rose over higher oil prices.