AERC continues to monitor the dynamics of prices for Russian oil according to JSC St. Petersburg International Commodity and Raw Materials Exchange. Since August of this year, AERC has noted, based on data on transactions at the Varandey terminal, that Russia is ensuring that the ceiling of $60 per barrel is overcome, and even sells its oil at a higher price than Brent oil. However, since November 17, the picture has changed slightly. In particular, this explains the general decline in prices on the world oil market. Among the reasons for such dynamics, Bloomberg recently noted the actions of STA bots.
Read more about what STA bots are and what other factors influenced oil, as well as about the dynamics of prices for Russian rock oil - in the attach
