Russian Urals crude premiums in India reportedly jump to $8 a barrel over Brent
A post says Middle East supply disruptions are pushing Indian and Chinese refiners toward Russian crude, while exports from Novorossiysk remain constrained.
TLDR
A September 15 post says Russian Urals crude premiums in India jumped to $8 a barrel over Brent, up from around $1 in August and the highest since May. It attributes the shift toward Russian oil to Middle East supply disruptions and argues that shrinking alternatives are strengthening Russia’s pricing power in Asia.
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