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Russian Urals oil price tops Brent for first time in Indian market

Source: Baird MaritimePublished: March 6, 2026
Russian Urals oil price tops Brent for first time in Indian market

Russian Urals oil has surpassed Brent prices in the Indian market for the first time, driven by rising demand due to the Iran war. Indian refiners have increasingly relied on Russian oil as a feedstock. Traders are now selling Urals at a premium of $4-$5 per barrel to Brent.

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Russian UralsBrent oilIndia
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