Since late February, thermal coal prices have surged globally as traders and end-users seek out potential replacements for Russian fossil fuels.

Brent slid as low as $115.32 a barrel, WTI hit a low of $108.28 a barrel.

he price of OPEC basket of thirteen crudes stood at $118.72 a barrel on Thursday

U.S. Rig Count is up 7 from last week to 670, Canada Rig Count is down 36 from last week to 140.

Brent fell 46 cents, or 0.4%, to $118.57 a barrel, WTI ell 47 cents, or 0.4%, to $111.87 a barrel.

OPEC has told the EU that global energy markets would be destabilized if European countries follow through with a threat to ban imports of Russian oil,

In a circular carried by state-run Saudi Press Agency, the cabinet stressed "the importance of the essential role of the OPEC+ agreement in the balance and stability of oil markets."

U.S. commercial crude oil inventories decreased by 2.5 million barrels from the previous week to 413.4 million barrels.

Brent were down 15 cents, or 0.12%, at $121.45 a barrel, WTI fell 75 cents, or 0.65%, to $114.18 a barrel.

The price of OPEC basket of thirteen crudes stood at $116.94 a barrel on Wednesday,

По состоянию на 1 марта 2022 г. объем ФНБ составил 12 935 108,51 млн. рублей, что эквивалентно 154 821,6 млн. долл. США,

Brent were up 95 cents, or 0.82%, to $116.43 a barrel, WTI rose 73 cents, or 0.67%, to $110 a barrel.

Russia is one of the three largest crude oil producers in the world, after the United States and Saudi Arabia. European countries—which have not banned Russian energy imports—generally import more of Russia’s crude oil and petroleum products than the United States.

Russian Urals cargoes basis CIF Rotterdam were assessed at a new record low of Dated Brent minus $30.99/b and for CIF Augusta at Dated Brent minus $30.69/b March 23.

Brent fell $1.92, or 1.7%, to $113.70 a barrel, WTI slipped $2.82, or 2.5%, to $109.3.