·Confidence 90%
Russia's Oil Revenue Declines 22% as Urals Price Drops
Brent Crude ↓ Strong
Key takeaways
- Brent Crude: Brent Crude — Strong bearish
- In August, Russia's oil revenue fell to $3.76 billion, a 22% drop year-over-year, as Urals crude prices averaged $59 per barrel amid ongoing disruptions.
Analysis
In August, Russia's oil revenue fell to $3.76 billion, a 22% drop year-over-year, as Urals crude prices averaged $59 per barrel amid ongoing disruptions.
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