U.S. Sanctions Widen Russia’s Crude Discount to $20 a Barrel

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The US sanctions on Rosneft and Lukoil have widened Russia's crude discount to Brent by $20 per barrel, the highest this year, due to disruptions in crude flows.

Market Impact

Market impact analysis based on bearish sentiment with 70% confidence.

Sentiment
Bearish
AI Confidence
70%

Article Context

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The discount of Russia’s flagship crude Urals to Brent has widened in recent days to the highest this year at $20 per barrel as the U.S. sanctions on Rosneft and Lukoil upend crude flows, industry sources told Russian daily Kommersant on Wednesday. Urals has traded at a discount to Brent since the Russian invasion of Ukraine, with discounts susceptible to demand in China and India and the U.S. sanctions on Russia’s oil exports and industry. The sanctions last month sent the discount surging again. As of…

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Original article published by OilPrice.com on November 12, 2025.
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