The Crude Report: Argus Brent Sour – a new crude index for Europe
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The shunning of Russian Urals in Europe’s spot crude oil market has left a hole in supply, and also in price identification. To fill the gap, we are launching Argus Brent Sour – a new index that will help sellers and buyers agree price levels for heavier sourer grades. In this edition of The Crude Report, Michael Carolan and James Gooder explain why this new index has arisen and how it works. Learn more about the Argus Crude report.
