Russia sells Urals oil at prices half the world prices - Bloomberg
THIS MATERIAL (INFORMATION) IS PRODUCED AND DISTRIBUTED BY A FOREIGN AGENT OF THE BELL OR IS RELATED TO THE ACTIVITIES OF A FOREIGN AGENT OF THE BELL. 18+ Russian oil delivered from the Baltic ports is already sold at a discount of 50% to Brent, writes Bloomberg. Last Friday, Urals in Primorsk cost $37.8 per barrel, while Brent was $78.6. Russia has become dependent on a tiny pool of buyers, mainly China and India, the agency explains.