The US has extended a waiver for Russian oil exports, but traders believe it won't significantly boost shipments. Russia's infrastructure i...

Miners in Russia's Ural Mountains discovered the Shigir Idol in 1890. This ancient wooden monument is over 11,000 years old, predating Ston...

Ukraine's unmanned forces commander, "Madyar," is orchestrating deep strikes into Russia, targeting defense and oil facilities to cripple w...

He accused the US of seeking to "dominate global energy markets" and sideline Russian firms. Amid West Asia tensions, Lavrov highlighted th...

Russia's Urals oil export blend hit its highest price since October 2023, reaching $94.87 a barrel for tax purposes this month. This surge,...

Ukraine President Volodymyr Zelenskiy said Russia had continued to flout a ceasefire starting from the night of May 5-6 that had been propo...

Kyiv has stepped up its attacks inside Russia in recent weeks, aiming to knock out oil refineries, depots and ports and cripple Moscow's bi...

Reliance Industries navigates tough market conditions. Refining margins face volatility due to rising costs. Global crack spreads show impr...

In a remarkable twist for Russia's economy, oil tax revenues are projected to soar to $9 billion by April, doubling amidst the turbulent gl...

Indian state-run oil companies are facing significant losses on fuel sales, with petrol and diesel losses reaching Rs 21 and Rs 28 per litr...

A train derailed in Russia's Ulyanovsk region. Seven carriages went off the rails. At least seven people, including a child, sustained inju...

Russian Urals oil faces its largest discount in three years from Baltic ports. Western sanctions are the cause. This impacts Russia's budge...

China’s appetite for Russian Urals crude is surging, reaching its peak since June 2023. This uptick follows India's substantial drop in Rus...

Russian President gifts bike to Alaskan man in Anchorage after reporters noticed his old Ural motorcycle. The new Ural bike was handed over...

Attractive prices for Urals mean good margins for Indian refiners while term contracts between Russian and Indian companies and lower freig...

In March, India's purchases of Urals oil accounted for more than 65% of total seaborne exports of Urals, Refinitiv data showed. Traders sai...

This is the second purchase of Urals by IOC since Russia invaded Ukraine on Feb. 24. It bought similar volumes of Urals from Vitol earlier ...