In Europe, Russian oil and thermal coal have risen in price

Business , 06 Oct, 16:28

The exchange price of gas has previously renewed its historical maximum, exceeding $ 1900 per thousand cubic meters

Фото: Андрей Рудаков / Bloomberg

Photo : Andrey Rudakov / Bloomberg

The price of Russian Urals crude oil in North-Western Europe and the Mediterranean for the first time since 2018 exceeded $ 80 per barrel, according to the Argus price agency.

” The price of Urals in Northwest Europe (CIF Rotterdam) increased by $ 1.69 per barrel compared to Monday, to $ 80.80 per barrel. <...> The price of 80-100 thousand tons of Urals in the Mediterranean (CIF Augusta) in absolute terms also increased by $ 1.69 per barrel relative to Monday, up to $ 81.35 per barrel, “the message says.

Russian mark has risen in price following the growth of world quotations. Oil prices are increasing against the background record growth of the exchange price of gas in Europe. According to the agency’s experts, it encourages some consumers to switch from gas to petroleum fuels.

In addition, due to the decision of OPEC countries to limit stocks are decreasing in all major consumption centers.

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