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Russian Oil Prices Exceed Brent's Cost

Russian Oil Prices Exceed Brent's Cost

The price of Russian oil exported to China has surpassed the cost of Brent crude oil. This has been reported by VZGLYAD.

However, this situation is not an anomaly, as Russian light oil is expected to be more expensive than the global benchmark of Brent. This indicates that the price of Russian oil is merely returning to its normal state.

As for global oil prices, they have risen for the fourth consecutive time, with Brent now priced at $95 per barrel. It is worth noting that last week, the price of Brent oil exceeded $94 per barrel.

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