June 27, 2020
Urals crude oil traded at a record premium to Brent
allbusinessshaoran2012Photo: Statoil In Europe, Russian oil is more expensive than standard grades In trading on Thursday, the Russian oil traded at a record premium to Brent of $2,35 per barrel. Russian Urals oil is traded in Northwest Europe with a record since 1994, the premium to Brent of $2,35 per barrel, writes the Argus. “The prize for Urals in SZE on Thursday rose by $0.4 per barrel relative to North sea dated to us $2,35 per barrel (cif Rotterdam). Therefore, the award exceeded the previous high set in late may […]
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