This is indicated by data from Investing.
By 12:20 Moscow time, crude oil prices had fallen to $108.18 per barrel. The decline from the previous trading session’s close by that point stood at 1.53 per cent, or $1.68. Prices fell to a low of $106.83.
Analysts attribute the fall in oil prices, amongst other things, to the easing of the US authorities’ sanctions policy towards Russia. Earlier, US President Donald Trump signed an executive order under which a number of sanctions would not be imposed under the law tightening restrictions against the Russian Federation.
Consequently, as the tariffs set by Moldova’s National Energy Regulatory Agency are directly linked to oil prices, a fall in petrol and diesel prices is expected in the republic in the near future.
This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.
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