Russia News » Ural News Russia » Ural » Trade: India’s retreat from Russian oil sends China’s Urals imports to a nearly three-year high
SINGAPORE/MOSCOW: China is importing the most Russian Urals crude since 2023 at prices lower than Iranian oil after top buyer India cut imports sharply due to Western sanctions and before a European ...
News Russia » Ural » Trade: India pulls, China pushes: Russian oil purchases for Urals imports to near three-year high
China’s imports of Russia’s Urals crude have climbed to their highest level since mid-2023, as India sharply scales back purchases amid tighter Western sanctions and an impending European Union ban on ...
News Russia » Ural » Trade: 'Russia’s economy depends on India': Zelensky says ending oil trade could stop Ukraine war
Zelensky's remarks came days after US President Donald Trump signed the Lindsey O Graham Sanctioning Russia and Iran Act into law.
News Russia » Ural » Trade: Due to strong demand and tight supply, Russian Urals crude is now a premium product in India
Three 'trading sources' said that the price of Russian Urals crude sold to India is now higher than the Brent benchmark for the first time since last May, as the demand from Asia has increased and the ...
News Russia » Ural » Trade: Discounts narrow on Russian Urals crude in India, sources say
MOSCOW, July 29 (Reuters) - Discounts on Russian Urals crude oil delivered to India have dropped to between $1 and $2 a barrel against the dated Brent benchmark this week because of supply concerns, ...
News Russia » Ural » Trade: G7 tankers return to Russia on weak Urals despite security worries
G7 tankers have recovered share in Russia’s crude export market in recent weeks, according to ship-tracking data, as a slump in Urals prices provides trade opportunities within the price cap. Tankers ...
News Russia » Ural » Trade: Sources say that the discount on Russian Urals crude oil in India is decreasing
Three trade sources said that the discount on Russian Urals crude delivered to India has?dropped this week to between $1 and 2 a barrel compared to the Brent benchmark dated last year due to supply ...
News Russia » Ural » Trade: ‘Russia is basing its economy on India’: Zelenskyy calls for tougher US action over oil trade
Ukrainian President Volodymyr Zelenskyy has said Russia is heavily dependent on countries such as India, China and Turkey for its economy, as he called for an end to their energy trade with Moscow. In ...
News Russia » Ural » Trade: 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 ...