Economic Times | Opec be warned! Russia seeing oil at $40 does not bode well for crude market Economic Times While analysts in a Bloomberg survey see the price of benchmark Brent crude -- which trades at a small premium to Russia's Urals export blend -- rising 16 per cent from current levels by the end of the year, oil's 10 per cent decline in March alone ... Oil edges up as Saudis cut supplies to US, but global glut remains OPEC Be Warned: Russia Prepares for Oil at $40 Saudis are claiming a drop in oil exports to United States, but data suggest it won't last |