Russia's Urals crude drops to under $45 a barrel, down 60% since March. New all-time high for crude oil by September 30 at 4.1% YES.

Russia's seaborne crude exports hit 3.89 million bpd, the highest since 2022, but weekly revenues dropped to $1.72 billion as oil prices decline.

As of 3:04 a.m. Moscow time, Brent crude reached $70.90 per barrel

Russia's Urals crude drops to under $45 a barrel, down 60% since March. New all-time high for crude oil by September 30 at 4.1% YES.