Russia News » Ural News Russia » Ural » Commerce: Russia’s Urals crude crashes below budget threshold, squeezing Kremlin finances and boosting crypto settlement rumors
Russia's Urals crude crashed over 40% to $51.61 per barrel, falling below Moscow's $59 budget threshold and fueling crypto use in oil trade settlements.
News Russia » Ural » Commerce: Discount for Russia's Urals crude oil is deepest since 2023, data shows
Russia's flagship Urals oil blend is being sold from its Baltic ports at the deepest discounts for around three years compared to the global benchmark Brent crude, according to Reuters data. The ...
News Russia » Ural » Commerce: Russian Urals Crude Offered to China at a Discount
Russia’s Urals crude grade, which usually goes from the western Russian ports to India, is now being offered at discounts in China amid uncertainties over Indian purchases of Moscow’s oil following ...
News Russia » Ural » Commerce: Discounts for Russian Urals crude widen to more than $10 per barrel in India, sources say
MOSCOW/NEW DELHI, July 7 (Reuters) - Discounts for Russian Urals crude have widened to more than $10 a barrel against dated Brent in Indian ports, pressured by weaker refinery demand and ample ...
News Russia » Ural » Commerce: Russian Urals oil flips to discount as Asian demand ebbs, sources say
MOSCOW/NEW DELHI, June 9 (Reuters) - Russian Urals crude has flipped to a discount against dated Brent at Indian and Chinese ports as a fall in demand from Asian refiners pressures prices, four trade ...
News Russia » Ural » Commerce: Russia’s Oil Price Plummets to $36 Per Barrel
Russia's flagship Urals crude oil price at the Black Sea dropped to $36.61 per barrel, its lowest level in nearly three years, following the announcement of U.S. sanctions on Rosneft and Lukoil. The ...
News Russia » Ural » Commerce: Russia’s Urals Touted to China Refiners as Oil Flows in Flux
Prompt supplies of Russia’s flagship Urals crude are being offered to Chinese buyers, a sign of shifts in the global oil market as President Donald Trump takes aim at India over its purchases from ...
News Russia » Ural » Commerce: Turkey Cuts Russian Urals Oil Imports, Turns to Kazakh, Iraqi Supply
Turkey sharply reduced its imports of Russia's flagship Urals crude oil in November, shipping data from energy consultancy Kpler showed, as Western sanctions on Russian energy suppliers tightened and ...
News Russia » Ural » Commerce: Russian Urals Prices Tops Brent in Indian Market for the First Time
Russian flagship Urals oil is selling at a premium to the Brent international benchmark at delivery in Indian ports for the first time ever, fuelled by rising demand due to the Iran war, traders said ...