Russian Urals crude at a record discount. Sanctions affect Moscow


According to Argus Media data cited by Bloomberg, the average discount on Russian oil increased to $30.62 on Friday. relative to the price of Brent crude oil.
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This means that buyers of the raw material pay, on average, just over $40 per barrel. Argus Media reports Urals crude oil in the port of Primorsk on the Baltic Sea reached the price of $42.09. per barrel, while in Novorossiysk on the Black Sea it dropped to $40.44.
Reduced oil prices are a direct result of sanctions imposed by the United States and the European Union. In particular, the American restrictions introduced at the end of last year have significantly limited Moscow's export opportunities.
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These are levels that not only reduce Russia's revenues, but also affect the amount of taxes paid by national oil companies to the state budget. It is worth recalling here That the budget law of the Russian Federation for 2026 assumes that the average price of oil sold will be $59.




