RUSSIA’S OIL EXPORT REVENUES HAVE PLUMMETED TO THEIR LOWEST LEVEL SINCE THE BEGINNING OF THE WAR
The revenue of Russian oil companies continues to decline rapidly following the fall in prices for the Urals oil grade, which is being sold at a discount of almost 50% compared to the Brent oil price. At the end of the week ending January 4, the average 4-week volume of Russia’s oil export revenues fell…
