You are here

Russian light oil shows up in California

Oversupplied markets, slowing demand in Asia bring some orphaned cargo of prized crude to the US West Coast

San Francisco

ONE of Russia's prized oils, facing increased competition in Asia, is travelling to a rather unlikely destination: the US West Coast.

As the US threatens President Vladimir Putin with further economic sanctions over the conflict in Ukraine, light Sokol oil from Russia

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom