As of 07:34 p.m. Moscow time, the price of Brent crude grew by 3.18% and reached $109.29 per barrel
Global crude oil market is not efficient anymore — Russian presidential advisor
Summary
"Today you need to expend a barrel of oil to extract the same quantity," Anton Kobyakov said
Actors involved
Sources
- TASS (Russia)(Russian State)
See this event through different lenses
Compare how Western, Iranian, Israeli, Global South, and Pro-Peace perspectives frame this event.
Compare PerspectivesCommunity Notes
Community Notes
Loading notes...
Related events
Bharath Cloud will be the first Indian technology company to launch operations and invest capital in Russia
Understandings between Russian and US presidents on diesel supplies will make it possible to rebalance the global market in part, the Russian deputy PM said
Russian Presidential Plenipotentiary Commissioner for the North Caucasus, Zamir Kabulov, described recent developments as a "stable and progressive trend." He emphasized the importance of maintaining this trajectory, though the specific metrics or evidence supporting this characterization were not provided in the statement.