Russian Urals Crude Trades at Premium to Brent in India
Hyperdash NewsCommoditiesRussian Urals crude is now trading at a premium to Brent crude for delivery in India. This marks the first time Urals has commanded a premium over the international benchmark in the Indian market. Traders report Urals selling at a $4-5 per barrel premium to Brent for March and early April deliveries to Indian ports.
This pricing shift follows increased demand from Indian refiners and tighter supply conditions. The change in pricing dynamics could influence global oil benchmarks and trade flows. Since the news broke, 
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