Russian Urals Crude Offered to China at a Discount

Russia reportedly shifts oil exports to China after Trump's India tariffs

Barrels of Russia's Urals oil are now being offered at a discount to both state-owned and private Chinese refineries, Bloomberg reported.

Russian Urals Crude Offered to China at a Discount

Russia is redirecting discounted Urals crude oil to China as Indian refiners back off due to new U.S. tariffs targeting imports of Russian oil.

China Is Key to Displaced Russian Oil’s Impact on Global Prices

Washington’s efforts to choke Russian oil flows to India are raising the question of what will happen to the millions of barrels a day that would otherwise have been headed to the subcontinent.

Russia's Urals Touted to Refiners in China as Oil Flows in Flux

(Bloomberg) — Prompt supplies of Russia’s flagship Urals crude are being offered to Chinese buyers, a sign of shifts in the global oil market as President Donald Trump takes aim at India over its purchases from Moscow.