Free Trial

Russian Ural Discount to Brent $20/21 bbl Mid-October

OIL

The spot market discount for Russian Urals against Brent was $20-21/bbl from October 10 to 14 according to Petromarket Group.

  • "The discount in the price of the Russian Urals oil against Brent was varying in the range of $20-21 a barrel during the last workweek," they said.
  • The discount was about $21-22 a month ago and lost about $1 over the month.
  • It stood at $25 per barrel in mid-August and $40.2 per barrel in July.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.