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Published 1 year ago

Russian oil selling at $79/barrel in Asia on Monday, well above price cap

Summary by Ground News
Russia's ESPO oil blend from the Far Eastern port of Kozmino was selling for around $79 a barrel in Asian markets on Monday. That is almost a third higher than the price cap imposed on Russian oil by the G7 and European Union. Russia exports up to 65 million tons of ESPO Blend oil per year via the Eastern Siberia-Pacific Ocean pipeline.

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