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Russia’s Oil Plunges to $34 as US Sanctions Spark Huge Discounts
Market Intelligence Analysis
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Why This Matters
Russia's oil prices have plummeted to $34 a barrel due to US sanctions, indicating a significant impact on the country's oil exports.
Market Impact
Market impact analysis based on bearish sentiment with 79% confidence.
Sentiment
Bearish
AI Confidence
79%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Russia’s flagship Urals crude oil slumped to about $34 a barrel — with discounts to international benchmarks ballooning — a signal that US sanctions on Moscow are having an impact.
Original article published by
Bloomberg
on December 22, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.