For the time being, the cuts to Russian crude flows aren't showing up in prices — quite the opposite — thanks to maintenance work at refineries in Europe that turn the oil into fuels. Russia's Urals crude has been trading near 4-year lows in Europe thanks to that maintenance, as well as an increase in …
The post Russia Sends <b>Oil</b> to China at Europe’s Expense as Trades Upended appeared first on crude-oil.news.