Oil Markets

Exploring Europe's shifting trade patterns amid the Russia-Ukraine war


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The war in Ukraine has created a new set of trade flows, as many buyers look to avoid Russian commodities. What are European buyers doing to replace Russian crude oil, and how have these changed flows upturned the markets? In the latest Oil Markets podcast, London-based crude oil price reporters Luke Stuart, George Delaney, and Sam Angell discuss with Joel Hanley how oil from Brazil, Iraq, and the US is helping fill the gap.

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Related price symbols: AAWVI00 - Urals Primorsk vs Med Dtd StripPCAAS00 - Dated BrentWMCRB00 – WTI Midland CIF RotterdamAAGXN00 – Qua Iboe AAGXT00 – Cabinda

And explore more crude grades on our Periodic Table of Oil, an interactive with all the key information on region of origin, price, trade volumes, sulfur content, viscosity, carbon intensity, trade flows and benchmarks.

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Oil MarketsBy S&P Global Commodity Insights

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