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Russian oil fell to the lowest level since 1999

Friday, March 27, the Russian Urals crude oil was trading at 16.2 per barrel. For the week, it fell to 5.51 dollar, so the price is back to 90-ies of the last century. Below contracts for Urals was only in June 1999, according to the petroleum information Agency Argus. The …

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Russian oil supplies in the U.S. rose to a record level

Russia became the second largest supplier of energy in the United States. Russia in 2019 sharply increased the supply of oil and petroleum products in the United States, becoming the second exporter of energy in this country after Canada. The consequences of the us sanctions against Venezuela. In October 2019, …

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