Global oil demand will pick up in the next months with the summer driving season, Russia's top oil official said, adding that ...

Russia's Deputy Prime Minister Alexander Novak predicts an increase in global oil demand during the summer driving season, ...

Russia is using cryptocurrencies in its oil trade with China and India to skirt Western sanctions, according to four sources ...

Sources suggest that Russia will likely continue using digital currencies in energy trade even if Western sanctions are ...

Brent crude futures rose 64 cents to $70.52 a barrel by 0748 GMT, while U.S. West Texas Intermediate crude was up 71 cents at ...

Russian oil companies have been using Bitcoin and Tether USDt to handle international oil trade with China and India, ...

Russia's light industry "is collapsing", with factories shutting down and brands fleeing abroad, according to an expert. The ...

No cause was given but Ukrainian forces have repeatedly launched drone strikes aimed at damaging Russia's oil industry ...

Easing the enforcement of secondary sanctions, which largely depends on the United States, could improve acceptance of Russia ...

The South Asian nation became the biggest buyer of Russian seaborne oil sold at a discount after Western nations imposed ...

Russia has increasingly turned to cryptocurrencies to facilitate its oil trade with China and India, allowing it to bypass ...