Brent at $57.88   Crude oil slid on Monday to a five-year low amid speculation the global oil supply glut will continue. WTI sank 2.1 ...

Russia will begin food imports from Iran in January 2015 and may pay for them in Russia ruble, Russia’s Tass news agency reported today...

Brent Plunges below $60 Bloomberg reported today that Iran was offering its main crude grade to customers in Asia at the deepest dis...

Russia Raises Interest Rate to 17% to Shore Up Ruble – Rial Tumbles to 35,000 against the Dollar   Oil prices continued falling today,...