Russian Oil Exports Decline Amid Sanctions and Reduced Purchases
TL;DR Summary
Russian oil is trading at its steepest discounts to Brent in a year in Asia as Indian and Chinese refiners cut purchases following US sanctions on Russian producers, leading to wider price gaps and potential financial strain on Moscow.
- Russian oil discounts widen as Indian and Chinese refiners cut purchases, sources say Reuters
- Russia's Crude Deliveries Plunge as US Sanctions Begin to Bite Bloomberg.com
- COMMODITY TRACKER: 5 charts to watch this week S&P Global
- Russia’s ghost fleet circles the oceans as buyers vanish Euromaidan Press
- Amid US sanctions, India to cut direct Russian oil imports from December Tribune India
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