While world oil prices fell by 2% on Wednesday evening, November 8, the price of Brent crude oil fell below $80 per barrel for the first time since July 21. This was reported by RIA News.
December futures contracts of WTI crude oil fell by 2.09% to $75.73.
Minister of Energy of the Russian Federation Nikolai Shulginov stated that the Russian government is currently discussing the lifting of the ban on the export of AI-95 and AI-92 gasoline. According to him, negotiations are continuing to lift the ban on selling low-octane gasoline abroad.
Before that Reuters reportedHe said India has saved $2.7 billion since the beginning of this year by purchasing oil from Russia at a discounted price due to Western sanctions. It is stated that Delhi has become the largest buyer of Russian oil, replacing the European Union in this field. India, which increased its purchases from the Russian Federation, reduced its supply of raw materials from the Middle East.
Previously reportedWhen oil prices fall to $50 per barrel.