economicUnverifiedRussia
○ 1 source
At 07:34 p.m. Moscow time, Brent crude futures traded at $109.29 per barrel, reflecting a 3.18% increase.
Location: Moscow
Events Archive
economicOct 12, 2026
Rising freight, transport costs account for bulk of oil price increase — Novak
Summary
According to Russian Deputy Prime Minister, during a meeting in Riyadh, OPEC and OPEC+ ministers discussed the global surge in transport, freight, and insurance costs, which have increased five-to tenfold on certain routes
Actors involved
Russia
Sources
- TASS (Russia)(Russian State)
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