Russia, which prior to invading Ukraine had an insignificant role in India’s oil basket, has seen exports to India swell since the start of the war and consequent Western sanctions, becoming the country’s top supplier.

Brent rose 20 cents, or 0.22%, to $89.12 per barrel, WTI climbed 17 cents, or about 0.2%, to $85.32 a barrel.

Brent rose 23 cents to $86.98 a barrel, WTI climbed 28 cents to $82.23.

US sanctions on Iran have not worked as intended, in part because comprehensive sanctions are so difficult to remove that they no longer motivate Iran to change its behavior

Brent climbed 32 cents, or 0.4%, to $85.66 a barrel, WTI was up 40 cents, or 0.5%, at $81.44.

«Сегодня российский ТЭК играет ключевую роль в мировой энергетике. Россия занимает 2-ое место в мире по добыче нефти и газа, 4-ое — по производству СПГ, 5-ое — по добыче угля. От реализации энергоресурсов на экспорт зависит очень многое: это даёт нашей экономике дополнительную гибкость и позволяет нам конкурировать на мировом энергетическом рынке»,

OPEC has consistently reaffirmed its commitment to oil market stability and security of supply, including through its Members holding spare capacity at their own cost in case of any unforeseen global oil supply disruptions.

Brent rrose 46 cents, or 0.6%, to $82.38 a barrel, WTI gained 47 cents, or 0.6%, to $78.03.

Ожидаемый объем дополнительных нефтегазовых доходов федерального бюджета прогнозируется в марте 2024 года в размере 125,2 млрд руб.

Brent rose 15 cents to $83.11 a barrel, WTI rose 18 cents to $79.31 a barrel.

These voluntary cuts are calculated from the 2024 required production level as per the 35th OPEC Ministerial Meeting held on June 4, 2023, and are in addition to the voluntary cuts previously announced in April 2023 and later extended until the end of 2024.

These curbs on supply have helped prop up the price of crude for the past 18 months but left Saudi Arabia, which has cut its production by 2mn barrels a day, shouldering most of the cost.

Brent fell 3 cents to $82.77 a barrel, WTI fell 11 cents, to $78.63.

Россия осуществит дополнительное добровольное сокращение добычи и экспорта нефти совокупно на 471 тыс. баррелей в сутки в II квартале 2024 года в координации с некоторыми странами – участницами ОПЕК+.

Ample supplies have anchored international oil prices near $80 a barrel this year, even as conflict in the Middle East disrupts regional shipping.