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Sources say that the Russian Urals oil is trading at a discount close to the largest since 2022, in India

Posted to Maritime Reporter on January 26, 2026

Two sources reported that Russian crude oil cargoes dated February Urals traded in Indian ports at discounts close to the largest since 2022 compared with dated Brent, amid increased pressure from Western sanctions. The two sources claimed that…

Bousso: Oil traders get a headache from blind spots in the market.

Posted to Maritime Reporter on September 18, 2025

Geopolitics is causing oil markets to become more blind, making it difficult to accurately determine the supply-demand balance on the largest and most important commodity exchange in the world. This is a recipe for instability. There is little…