India Reduces Purchases of Russian Oil Due to Increased Tariffs in the U.S.
Indian oil refineries, both state-owned and private, plan to reduce their oil purchases from Russia to 1.4–1.6 million barrels per…
global oil market
Global Oil Prices Fall Amid New US Tariffs and OPEC+ Decisions
Oil prices continue to decline, showing the most significant drop since the end of June. By the end of the…
Economic Crisis in Russia: Falling Oil Prices, Budget Deficit, and the Search for New Revenues
In July 2025, the average price of Russian Urals oil was ₽4,701 per barrel, which is 11% lower than the…