Brent fell 30 cents, or 0.36%, to $82.86 a barrel, WTI fell 25 cents, or 0.32%, to $78.13 a barrel.

Proceeds for the Russian budget from oil-related taxes jumped to 1.053 trillion rubles ($11.5 billion) last month compared to nearly 497 billion rubles in April 2023, according to Bloomberg calculations based on Finance Ministry data. Total oil and gas revenues in April increased nearly 90% year-on-year, to 1.23 trillion rubles, according to the data.

Brent were up 23 cents, or 0.28%, at $83.56 per barrel , WTI rose 24 cents, or 0.31%, to $78.72 a barrel.

Differentials for the flagship Arab Light grade were priced at Platts Dubai/DME Oman +$2.90 per barrel, up from +$2 a barrel in April.

Ожидаемый объем дополнительных нефтегазовых доходов федерального бюджета прогнозируется в мае 2024 года в размере 183,58 млрд руб.

This problem isn’t entirely new — Russia has faced a shrinking working-age population for almost two decades.

Brent climbed 28 cents, or 0.3%, to $83.24 a barrel , WTI were at $78.40 a barrel, up 29 cents, or 0.4%.

The Worldwide Rig Count for April was 1,726, down 67 from the 1,793 counted in March 2024, and down 82,from the 1,808 counted in April 2023.

Brent rose 16 cents to $83.83 a barrel, WTI rwas up 19 cents to $79.14 per barrel.

The acceptance of Sovcomflot tanker by the country’s largest refiner carries significance as it could embolden other smaller refiners to also use the Sovcomflot vessels for their oil purchases from Russia.

Brent gained 31 cents, or 0.4%, to $89.32 a barrel, WTI rose by 23 cents, or 0.3%, to $83.80 a barrel.

Brent traded 27 cents higher at $87.27 a barrel, WTI gained 26 cents to $82.16 a barrel.

The data indicated that the Kingdom’s crude exports rose to 6.32 million bpd, reflecting a monthly increase of 0.32 percent.

Brent slipped 56 cents, or 0.62%, to $89.46 a barrel, WTI fell 63 cents, or 0.74%, to $84.73 a barrel.

India's overall oil and gas output rose 1.3% on the year to 1.15 million boe/d in 2023. China's upstream story sounds relatively more promising at this stage.