Brent Oil at $63, Russian oil price at $50-54.
https://x.com/Maks_NAFO_FELLA/status/19 ... 4412242404
https://x.com/sentdefender/status/1909024195071168968Brent and WTI Crude Oil is currently crashing as markets open in Asia, with some economics experts predicting that tomorrow could be one of the worst days for the world market since the Stock Market Crash in October of 1987, known as Black Monday.
https://x.com/jurgen_nauditt/status/1909165960654619068Oil prices fall to 4-year low after Trump's tariffs, Reuters
Brent crude futures fell 2.15% to $64.17 per barrel, while U.S. WTI crude fell 2.18% to $60.64.
russian Urals crude also suffered significant losses, falling to $56.27 per barrel, putting pressure on the russian budget, which is designed for $70 per barrel.
https://x.com/Maks_NAFO_FELLA/status/19 ... 6484934973Russian Urals crude oil fell to $50 during the global crash, — Bloomberg
Oil is a key source of income for the Russian budget: about 30-40% of revenue depends on oil and gas exports. The 2025 budget was calculated based on a price of $70 per barrel. Now it is about $50-55.