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Russian Oil Is Cheaper

Summary by charter97.org
The Urals discount increased to 23% after the sanctions against Rosnefti and Lukoil.

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The Urals discount increased to 23% after the sanctions against Rosnefti and Lukoil.

Continued Discounts on Russian Oil Destined for India: What is the Price of Russian Urals Crude Amidst Ongoing Sanctions? With the continuation of US and Western sanctions on Russia over Ukraine, discounts on Russian Urals crude at Indian ports have nearly tripled since August 2025 compared to Brent crude, as the sanctions push major buyers away from Russian oil. Reports indicate that Urals crude shipments for December delivery are trading at di…

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charter97.org broke the news in on Thursday, November 27, 2025.
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