Latest Analysis /
Short-term Global Oil Service
Monthly FSU Report
Published: 24 March, 2020
Highlights:
- Key Issue: Russia can weather low oil prices, but at what cost?
- Increased Russian crude exports will add to the downward pressure on Urals prices
- Russian oil demand to suffer from oil price/COVID-19 double whammy
- Crude runs will remain relatively strong in order to offer some support to Urals prices
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