In this week’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets. Chart of the WeekInflux of Russian Crude Cools Down Asian Oil Prices- The influx of Russian crude into the Asian markets is changing the market dynamics in the region and easing pricing pressures, to the relief of many buyers.
- India’s imports of Russian crude rose to 1.2 million b/d last month, overtaking Iraq and Saudi Arabia, simultaneously displacing a lot of those Middle Eastern barrels elsewhere in Asia. -…Oil Rises As OPEC Sees Chinese Demand Rebounding
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