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Russia's Oil Revenue Sinks As Urals Falls To $59
Russia's Oil Revenue Sinks As Urals Falls To $59
Submitted by Julianne Geiger of OilPrice.com
Russia collected 326.2 billion rubles, or about $3.76 billion, in net oil revenue in August, down 22% from a year earlier and the lowest monthly total since February.
Russia’s tax authority calculated August oil revenues using a crude price of just over $59 per barrel. Urals, Russia’s main export grade, averaged almost $95 per barrel during the spring after the Iran war pushed buyers toward barrels outside the Persian Gulf.
Total Russian oil and gas revenue fell 16%...
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By Noi Mahoney of FreightWaves
Federal immigration agents are now working alongside state troopers at commercial truck weigh stations across the country as the Trump administration intensifies its crackdown on illegal commercial drivers, according to U.S. Border Czar Tom Homan.
Appearing on Fox News on Tuesday, Homan said the Department of Homeland Security is partnering with the U.S. Department of Transportation and state law enforcement agencies to identify commercial drivers who are operating trucks with improperly issued commercial driver’s licenses.
“We’ve got a...
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