Russia’s flagship Urals crude oil has mostly been used in Europe so far this year due to relatively low output and high prices, while Asian markets have shunned the blend, data showed on Wednesday. As a result, Russia has lagged behind Saudi Arabia in China’s energy market, one of the world’s...
https://www.hellenicshippingnews.com/high-prices-low-output-keep-russias-urals-crude-oil-in-europe/