Brent Declines As Russia-Ukraine Peace Agreement Looms. Forecast as of 26.11.2025
The oil market has dramatically changed. Millions of barrels are stranded at sea, China and India are afraid to buy Russian crude, and Moscow's revenues are falling. All this is the result of Western sanctions. What will they lead to? Let's discuss this topic and make a trading plan for Brent.Major Takeaways Russia's oil and gas revenues are expected to decline by 35%. Urals is trading at its largest discount to Brent since 2023. Brent may plunge to $30 per barrel. Short trades can be opened on