Russian ESPO Blend Oil Becomes Premium Over ICE Brent in China and India Due to Strong Demand, According to Traders
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Source: moomoo
Russian Oil Prices: Russian oil is experiencing a price decline, with a notable drop in premium compared to other benchmarks like Brent.
High Demand in Asia: Despite the price drop, there is strong demand for Russian oil in markets such as China and India, according to traders.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
