Traders Book Huge Profits By Mixing, Reselling Cheap Russian Oil
January 19, 2023 at 21:20 PM EST
A ban on Russian crude oil by the European Union and the US went into effect late last year, forcing Russia to find more buyers in the eastern part of the world. Besides China’s and India’s surging appetite for Russian crude imports, a flood of cheap oil is pouring into Singapore. It’s being blended and then re-exported […] Source
