[vc_row][vc_column][vc_column_text dp_text_size=”size-4″]The cost of Russian crude oil has experienced a significant decrease, mirroring previous declines in American and British crude oil prices. According to reports from international media, the market value per barrel of Russian oil has now dropped below $60.
It’s noteworthy that the European Union had previously set a cap of $60 per barrel for Russian oil. However, the current market value has fallen even below this predetermined limit.
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Experts attribute the decrease in the price of Russian crude oil to the recent decline in the global benchmark Brent crude. This drop occurred after the OPEC producer group decided to postpone its meeting from November 26 to November 30.
In contrast, on the international market, British Brent underwent a 1% decrease to $80.58 per barrel compared to the previous day, while American West Texas Intermediate experienced a 2% decline to $75.54 per barrel.[/vc_column_text][/vc_column][/vc_row]
