“The value of Urals in Northwest Europe on Thursday rose in absolute terms by $ 3.89 / bbl. following the North Sea standard, up to $ 14.43 / bbl. (cif Rotterdam), ”the report said.
It is noted that due to this, price formulas, which are the main reference point in pricing in the domestic oil market, have become positive.
Argus previously noted that the price formulas for Urals in the domestic market of Russia in the last days of March became negative due to a sharp decline in prices for world oil quotes.
The leading expert of the National Energy Security Fund Igor Yushkov, in an interview with the NSN, assessed the immediate prospects for oil prices.