Russia’s crude oil is being sold at record discount rates as the country faces tough sanctions from Western nations following its invasion of neighboring Ukraine, but traders have remained cautious and stepped back from buying the discounted fuel. Moscow is offering Urals crude oil at a discount of $11.60 per barrel below Dated Brent, the…
Russia Selling Oil at Deep Discount Following Ukraine Invasion, Traders Wary of Sanctions
February 25, 2022
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Brent crude oilBusiness & EconomycommoditieseconomyEuropeMarketsNew Sanctions on RussiaRussia-Ukraine WarUrals crude oilWorld
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