Russian Crude Discounts Narrow for India as Brent Price Gap Hits Low
Prices for Russian flagship crude oil at Indian ports have shown fluctuations as discounts on Brent nearly reach their lowest since 2022. Current discounts for Urals crude range from $1.50 to $1.60 per barrel below Brent, a change from $1.70 to $2 a month prior, reflecting competitive market dynamics.