Fri, 26 Aug 2022 21:00:58 +0000

Post-sanctions, Russian crude output has not plunged to the depths anticipated by analysts, meaning that the global oil market is expected to stay in surplus for the rest of this year and into next, according to analyst ING. India and China have picked up a large share of Russia’s sanction-bound crude, with Russian oil accounting …

 

Full article: https://www.hellenicshippingnews.com/ups-and-downs-of-oil-outlook/