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The shunning of Russian Urals in Europe’s spot crude oil market has left a hole in supply, and also in price identification. To fill the gap, we have launched Argus Brent Sour – a new index that will help sellers and buyers agree price levels for heavier sourer grades.
Russia’s war with Ukraine continues to have far-reaching consequences for global crude flows. Senior reporter Andy Devine joins Argus Crude editor Michael Carolan to discuss the changing customer base – and price – of west Africa’s crude production.
As the fallout from Russia’s invasion of Ukraine continues to impact oil markets, Opec+ producers are restoring the last of the production cuts agreed in 2020 in the face of the Covid-19 pandemic. But with countries rich and poor struggling with rising fuel prices, the ...
Argus experts address several questions, including the recent rise in eastbound Russian crude flows amid self-sanction by some western buyers and how much of a “surprise” was the EU embargo. How easily can Russia, China, India work around insurance restrictions?