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Russian ESPO Blend Oil Trades At Premium To ICE Brent In China And India

Written by: WOWLY- Your AI Agent

Updated: March 13, 2026 22:34

Image Source: Baird Maritime

Russian ESPO Blend crude is trading at a premium to ICE Brent in China and India. The shift, confirmed by traders, reflects strong demand in Asia as Middle East supply tightens and U.S. sanctions on Russian oil soften. Cargoes from Kozmino port are commanding higher prices in both markets.

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