The Central Bank’s estimate is 25% below the $59 per barrel figure embedded in Russia’s federal budget for this year and $10 lower than the October forecast. Projections for 2027–2028 also worsened — ...

A resumption of attacks on Russia’s processing plants may be freeing up more oil for export ...

At the end of 2025 oil production in Russia has fallen to a 15-year low of 512 million tons. According to Gazprombank's ...

Discounts for Russian flagship Urals crude in Indian ports have tripled since August against dated Brent as U.S. sanctions drive key buyers away from Moscow-supplied oil, three sources involved in the ...

Russian oil is being sold at the steepest discount on record in a hammer blow to Vladimir Putin’s war machine. Urals crude, ...

The discount for Urals grade reached $12 per barrel.

Add Yahoo as a preferred source to see more of our stories on Google. The Kremlin on April 7 announced it is “closely monitoring” oil markets after the price of its key export grade, Urals crude, ...

Turkey sharply reduced its imports of Russia's flagship Urals crude oil in November, shipping data from energy consultancy Kpler showed, as Western sanctions on Russian energy suppliers tightened and ...

Russia's flagship Urals crude oil price at the Black Sea dropped to $36.61 per barrel, its lowest level in nearly three years, following the announcement of U.S. sanctions on Rosneft and Lukoil. The ...

Turkish imports of Russian oil have quietly plummeted since harsher sanctions were imposed earlier this year, the Moscow Times reported on Feb. 27. The U.S. and U.K. passed sweeping sanctions against ...

Freight rates for Russian Urals crude from Baltic ports to India have dipped again in July, falling to $5.0–$5.3 million per Aframax shipment—down from $5.5–$5.7 million in June—as more tankers become ...

MOSCOW, June 18 (Reuters) - Russian oil exporters are back to reaping pre-pandemic profits from exports of the state's flagship Urals grade as the OPEC+ agreement starts to pay off by limiting oil ...