LONDON, Aug 17 (Reuters) – Russia’s main crude grade, Urals, has been trading at levels unprecedented in Europe since early March, when refiners snapped up the last barrels ahead of a European Union embargo, three with the deals said trusted dealer week.
Ural oil is still flowing to European refineries under temporary contracts signed before February 2022. As of early December, EU companies will no longer be able to buy Russian crude oil, while the Group of Seven also has a Russian…
