Russian Urals Crude Trades At $30-$40/Barrel Premium To WTI
A shift is occurring in global oil markets, with most attention focused on the WTI and Brent benchmarks. Analysts from Russia’s Urals region have disclosed that they hold beneficial long positions in the shares of ABT, CLX, KMB, and UPS through stock ownership, options, or other derivatives. This disclosure highlights a new investment angle amid current market dynamics.
A very interesting dynamic is taking shape in the global oil markets ( CL1:COM ). Whereas the world is watching the WTI & Brent benchmarks as the main gauge of where the market is today, Russia's Urals Analyst’s Disclosure: I/we have a beneficial long position in the shares of ABT, CLX, KMB, UPS either through stock ownership, options, or other derivatives.
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