... Russia will find a replacement—especially as rates rise and logistics become more expensive," Kasatkin noted. He added that the decision to lower the price ceiling to ~$47.6 is an important signal. This will increase the discount of Urals to Brent, especially if global prices rise. "However, the effectiveness of the ceiling depends on compliance: in reality, Russia and its buyers have long moved to over-the-counter trading with settlements outside the dollar and SWIFT systems, and a ...

On August 4, 2025, the energy sector witnessed numerous significant events capable of influencing the future for both fuel producers and consumers. Key energy sector news includes changes in Brent crude oil prices, the status of gas reserves in the EU, and the introduction of an export ban on gasoline in Russia. According to the latest data, Brent prices continue to fluctuate due to the unstable situation on the international stage, while ...

On July 31, 2025, amidst ongoing fluctuations in global oil and gas prices, a significant event unfolded in the Russian energy market. The price of Brent crude surpassed $72 per barrel, generating a wave of news in the energy sector. The situation is exacerbated by new sanctions from the United States, including a ban on gasoline exports to Russia. In this turbulent moment, we will examine the current ...

On August 1, 2025, global energy markets experienced significant changes: the price of Brent crude oil rose above $72 per barrel, generating substantial interest among experts and investors. The increase in oil prices is attributed to various factors, including steady demand for hydrocarbons and declining stock levels in major storage facilities....

... falling. It may even drop below $60 per barrel at Russian ports. Why have oil prices declined, can we talk about an era of low prices, and how will the Russian budget cope with this situation? In the last two trading weeks, global oil prices for Brent have fallen significantly from $80 per barrel, a total drop of 10%. This has not happened in a long time. This week, the price even dropped below $70 per barrel, the first time since December 20, 2021. In the last two days, the price has started ...