WSJ: Falling Oil Prices Have Reopened the Door for Russian Crude

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The handling of Russian oil is permitted under Western sanctions if the price per barrel remains below $60. Greek shipping magnates have begun transporting large quantities of oil from Russia after the price of Russian crude fell below the sanction threshold, the Wall Street Journal writes.

ТСН.ua

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The main mining company of the aggressor state Rosneft in the first quarter of 2025 sharply lost profits. About the situation in the oil economy of the Russian Federation, read ᐅ TSN.ua (news 1+1)

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Oil prices fall at the end of the week with losses exceeding 1%. Oil prices record weekly losses at the end of the week. As the week ends and May 2025 approaches its end, oil prices are heading for weekly losses exceeding 1% on Friday, May 30, amid uncertainty in the United States regarding tariffs and anticipation of the OPEC+ meeting. Brent crude futures fell about 26 cents to $63.89 per barrel, while US West Texas Intermediate (WTI) crude fel…