07-08-2025
Russia Oil Prices to India Dip on Sanctions, Threats, Kpler Says
Russian crude is being offered to Indian buyers at lower prices as European Union sanctions and threats of penalties from the US cloud the demand outlook, according to data intelligence firm Kpler Ltd.
The price of Urals, the OPEC+ producer's flagship oil, is more than $5 a barrel cheaper than Dated Brent, according to a note on Wednesday from Kpler, which cited Argus data. That compares with almost parity two weeks ago.
