4min chapter

Oil Markets cover image

Middle Eastern vs Russian crude - the tug-of-war to woo Indian refiners

Oil Markets

CHAPTER

Shift in Market Share and Compliance Issues

Analysis of the changing market dynamics as Middle Eastern Group Grades lose market share to India while Russian barrels increase, with a focus on OPEC plus agreements, compliance issues, and the flow of displaced oil. The chapter also explores potential scenarios related to OPEC policies, Ukrainian conflict impacts on Russian crude imports, and European oil supplier shifts.

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