According to Argus media data, Russia's main export crude oil, Ural crude oil, is shipped from Russian western ports to the west coast of India via tankers. The trading price on Thursday and Friday was 6.70 US dollars/barrel premium compared to Brent's spot stock. Earlier this week, that premium was just $2.25 per barrel. In absolute terms, the transaction price of Ural crude oil, which arrived on the west coast of India on Friday, was $132.54 per barrel.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.