Russia's Urals Discount to India Hits Narrowest Since 2022

Описание: Russian Urals crude for July and August delivery to India has traded at a discount of just $2 to $3 a barrel to Brent, with August narrowing to $1.70-$2 — the smallest gap since 2022. Tightening supply, falling exports and locked-in term deals are squeezing Indian refiners.