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As reported yesterday:
Supply: EIA.
EIA additionally launched yesterday an attention-grabbing evaluation indicating that sanctions had decreased Russian oil manufacturing. No given amount is expressed, however inferences are made on the idea of the distinction between the February 2022 forecast, and precise outcomes.
Supply: EIA (2023).
The affect of sanctions can also be illustrated by the (continued) low cost of Urals vs. Brent:
Supply: TradingEconomics.com, accessed 11/8/2023.
The unfold is about $11.50 newest.
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