11 May Shell proposes adding Russian oil to Brent benchmark

By hellenicshippingnews.. Royal Dutch Shell on Wednesday urged oil pricing agency S&P Global Platts to protect the dated Brent crude benchmark from declining North Sea supply by including other grades, such as Russian Urals, in its price-setting process. The suggestion marks a shift from two years ago when Shell said adding Urals would not be “worth the … Read full story ›

Source:: Hellenic shipping news Oil