Overheated Mediterranean oil market cools as refiners seek other grades

Capt. John

Premiums for Mediterranean oil grades over dated Brent have eased in the past few days as European refiners turn to cheaper alternatives to Russian Urals and other crudes, traders said. The price differential for Russia’s Urals oil surged well above $2 per barrel a week ago after the loading plan...

https://www.hellenicshippingnews.com/overheated-mediterranean-oil-market-cools-as-refiners-seek-other-grades/

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