Russia’s flagship oil is trading in India at a discount to international prices again for the first time in more than two months, indicating a normalization after a temporary war-driven price boost from the conflict in Iran began to fade. The move is modestly negative for Russian crude pricing but overall reads as a neutral market update rather than a major dislocation.
Russia’s flagship oil is trading in India at a discount to international prices again for the first time in more than two months, indicating a normalization after a temporary war-driven price boost from the conflict in Iran began to fade. The move is modestly negative for Russian crude pricing but overall reads as a neutral market update rather than a major dislocation.
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neutral
Sentiment Score
-0.05
