Value of Russian oil exports fall as G7 price cap nears

According to a S&P Global Commodity report, the outright price for Russia’s flagship crude Urals slumped to 22-month lows in the run-up to the Dec 5 start for the mechanism as weak physical market fundamentals and anxiety around sanctions risk have spurred even steeper discounts

Value of Russian oil exports fall as G7 price cap nears
According to a S&P Global Commodity report, the outright price for Russia’s flagship crude Urals slumped to 22-month lows in the run-up to the Dec 5 start for the mechanism as weak physical market fundamentals and anxiety around sanctions risk have spurred even steeper discounts