$10/barrel, that is cheaper than a Bigmac in Moscow back in the good days.
Selling to Europe, Russian oil cost was ~$40/b.
Selling cost to China and India is a lot higher than selling to Europe.Drop in the massive discount, Russia must be gifting the Asians.
https://www.brookings.edu/blog/up-front/2022/07/05/the-story-behind-the-proposed-price-cap-on-russian-oil/
