Last week, revenue from oil sales amounted to about $959 million, which is a decrease of approximately $500 million compared to the beginning of October.
Analysts attribute this decline to a sharp increase in discounts on Russian Urals crude oil, which has resulted from the imposition of sanctions. Previously, the discount to the benchmark Brent crude ranged from 5 to 15 percent, but now it reaches around 50 percent.
Additionally, the decrease in revenues occurs against the backdrop of limited access for Russia to traditional markets and rising logistics costs.
