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Oil Traders Overcome Initial Wariness Over Buying Russian

  • Poland’s top oil refiner buys Russian crude in a tender
  • Trafigura books tanker for collecting Urals crude oil
Updated on

At least some oil buyers appear to be overcoming an initial reticence about buying crude from Russia that emerged after the nation’s invasion of Ukraine -- although the situation remains challenging.

Poland’s biggest oil refiner bought a cargo of Russia’s flagship Urals crude in a tender and several companies have resumed buying activity after an initial pause, according to people who purchase the nation’s oil. In the shipping market, trading giant Trafigura Group provisionally booked a tanker to load the grade.