The price of the Urals fell to a discount of $ 3-4 per barrel compared to Brent in delivery terms, Bloomberg notes.
India remains Russia’s largest oil import – US president’s stubborn steps Donald Trump has not stopped trading in Moscow. Bloomberg reported it.
Russian oils are continuously cheaper for Indian consumers, and new delles are faced with pressure from the United States. The Trump administration said export income helps to supply war against Ukraine.
According to publication interlocutors, the price of the Urals fell to a discount of 3-4 dollars per barrel to believe in delivery conditions. We are talking about the parties to be loaded in late September and October.
Last week, the discount was worth about $ 2.5 per barrel, and in July it was only $ 1. American oil, purchased by a number of Indian refinery, recently worth nearly $ 3 with Brent’s prize.
Despite the tariffs introduced by Donald Trump against trade in Russia, Indian processors continue to buy Urals. Economic and economic measures from Washington pushed Prime Minister Narendra Modi into statements about the “importance” of the relationship with Moscow.
India has become the largest import of Russian oil supplies after the outbreak of an entire -scale war in Ukraine of 2022. The Urals remains the flag of Russian oil, provided from the western ports of the country. Experts have predicted that Russia’s exporting to India will grow in September.
Remember that India has denied US requirements to stop importing Russia’s oil, as such supplies claim to be “maintained by the world’s economy” from jumping on prices.
We added that Western Media reported that India’s plan was to increase Russian oil imports in September 10-20%, despite new US penalties. The decision is said to be associated with a reduction in Russian oil prices after attacking Ukrainian drones.
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Source: korrespondent
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