The price of crude oil would be very different, a new report has outlined. If Russia had not invaded Ukraine, crude oil prices would be well below $100 per barrel now. That’s what analysts at Standard Chartered think, according to a new report by the company, which outlined that the war is adding around $20 per barrel to prices. “To continue to support prices towards the top of the recent range or above it, the threat to Russia’s exports must avoid weakening significantly,” Standard Chartered analysts stated in the report, which was sent to Rigzone recently. “The trend does not necessarily have to be towards greater and swifter export losses, but it should not be towards greater than expected flows and slower than expected declines,” the analysts added in the report. “This suggests that the current intra-EU negotiations on the exact timetable and nature of oil sanctions against Russia […]