Russian Urals oil price exceeds Brent in Indian market
Russian Urals oil is trading at a premium to Brent in India as conflict in Iran disrupts supply. Prices rose to 68.60 dollars, exceeding G7 price caps.
Xurve View
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Xurve View
The flagship Urals crude from Russia is trading at a premium to the Brent Crude Oil benchmark at delivery points in India for the first time in history. This unprecedented market shift is being driven by a sharp increase in demand following the outbreak of regional conflict.
