Russia’s Oil Price Plummets to $36 Per Barrel
- Posted on November 17, 2025
- By Yahoo News
- 3 Views
Russia’s Oil Price Plummets to $36 Per Barrel
The price of Russia's Urals crude has plunged to its lowest in nearly three years, hitting $36 per barrel, as new U.S. sanctions target major Russian oil producers Rosneft and Lukoil, widening the discount to the Brent benchmark and weighing heavily on Russia's budget revenues.