Premium for Russian urals oil fall to USD 2-4/bbl vs. Brent for June delivery cargoes in Indian ports on weak refining margin, according to reports
The premium on Russian Urals oil has decreased significantly to $2-4 per barrel over Brent for June delivery at Indian ports, driven by weak refining margins.
There is no absolute certainty that there was indeed a drone, and we do not rule out the possibility that the target was birds, regarding earlier interceptions over Israel's islets, Al Jazeera reports citing Israeli Army Broadcast
QatarEnergy signs MoU for oil and gas exploration offshore Syria; agreement covers technical review by the partners to evaluate the potential of Block 3, offshore Syria
Premium for Russian urals oil fall to USD 2-4/bbl vs. Brent for June delivery cargoes in Indian ports on weak refining margin, according to reports
Taiwan President thanks the US for helping Taiwan strengthen defence capabilities, and says democracy is Taiwan's most precious asset
US PRE-MARKET MOVERS: WEN, ONON, GME/EBAY, UAA, HIMS, LOW, GTLB, GTM
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This decline may indicate reduced demand or oversupply concerns, which could put downward pressure on oil prices and influence overall market sentiment regarding energy commodities, especially in the context of geopolitical dynamics.
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