Russia News » Ural News Russia » Ural » Finance: Price of Russian oil rises to highest level in 13 years
Details: The price of flagship Russian Urals crude at the Russian port of Primorsk, the country's largest oil export terminal on the Baltic coast, reached US$116 per barrel on 2 April. This price does ...
News Russia » Ural » Finance: Russia lost half of oil tax revenues in March but Iran war has reversed trend
Russia’s oil tax revenues fell by 48%, but rising prices amid the Middle East war have increased budget income. Find out details in the article.
News Russia » Ural » Finance: Russian Urals crude surge 67% to $94.5 in March, blows past EU-UK price cap amid Iran war
The surge followed a 30-day US waiver in March, allowing India and other countries to buy Russian oil and petroleum products stranded at sea amid supply stress due to the Iran war ...
News Russia » Ural » Finance: Tanker Carrying Russian Oil Enters Cuba's Exclusive Economic Zone, Ship Data Says
A Russia-flagged tanker carrying 650,000 barrels of Urals crude entered Cuba's economic zone, possibly marking its first import in 2+ months.
News Russia » Ural » Finance: The Iran conflict is a boon for Russia’s ‘war machine’ and it’s not just about oil
The Iran war has handed Russia’s beleaguered economy a much-needed lifeline.
News Russia » Ural » Finance: Russia was expecting a windfall from soaring oil prices, but relentless Ukrainian drone attacks are devastating nearly half its export capacity
Ukraine launched a series of drone attacks on Russia's top export hubs, including Novorossiysk on the Black Sea as well as Primorsk and Ust-Luga on the Baltic Sea.
News Russia » Ural » Finance: Russia’s oil revenue halved in March before Iran war triggered massive windfall
Falling tax revenues from the oil and gas sector have widened Russia’s budget deficit, as economic growth stalls and spending on the war in Ukraine continues to drain resources.
News Russia » Ural » Finance: Russia’s major oil port set ablaze after second Ukrainian drone strike in days
Russia’s main Black Sea oil port of Novorossiysk was on fire again after a second Ukrainian drone strike in just a few days, in a fresh blow to Moscow’s vital energy exports and war finances.
News Russia » Ural » Finance: Russia Aims to Maintain Urals Oil Exports to China
Russia will aim to keep its Urals crude oil exports steady in March by boosting shipments to China as India, a key buyer, cuts purchases following a trade deal with the U.S. Export options for ...
News Russia » Ural » Finance: No Exit from Urals: Turkey’s Refineries Still Locked into Russian Supply
Turkish imports of Russian crude have been rising in recent months, defying political pressure from the Trump administration. Considering how cheap Russian crude is, there is no real alternative to ...
News Russia » Ural » Finance: The Iran conflict is a boon for Russia’s ‘war machine.’ And it’s not just about oil
The Iran war has handed Russia’s beleaguered economy a much-needed lifeline. High oil prices are boosting the Kremlin’s coffers, helping plug a hole in its federal budget and sustain the war effort in ...