Oil Markets Starved of Essential Russian and Saudi Barrels

  • Russia’s Urals crude fetched record premiums in recent weeks
  • OPEC+ alliance output cuts are lowering sour crude supply
Citi’s Morse Sees Oil Above $50 by End of 2020 as Production Slides
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Leaving behind the waters of the Caribbean Sea, the 1,100-feet long oil tanker Maran Apollo is emblematic of the wider petroleum market.