*** Not everything God does is for the good Thus, increasing oil flow capacity in the Persian Gulf region reduces the effectiveness of Russian oil sales ****** The premium for Russian exposure oil (exposure) for delivery to China's Shandong province in the month to October 23 fell by $10, to $20 a barrel, to the price of Brent on the Ice Exchange, Kommersant reports, citing data from market sources cited by S&P Global. Analysts attribute the drop in premiums to the improvement in the oil supply situation in the world market. According to Vortexa, oil shipments from the Middle East, excluding Iran, to China will reach 4.5 million barrels per day (b/d) in October, which is close to the 2025 average (4.7 million b/d). First, the return of supplies from Saudi Arabia and Iraq is excellent, analysts note. As Vortexa points out, oil from these countries could become an alternative for Chinese refineries in the face of competition for Russian volumes with India.

*** Not everything God does is for the good Thus, increasing oil flow capacity in the Persian Gulf region reduces the effectiveness of Russian oil sales ****** The premium for Russian exposure oil (exposure) for delivery to China's Shandong province in the month to October 23 fell by $10, to $20 a barrel, to the price of Brent on the Ice Exchange, Kommersant reports, citing data from market sources cited by S&P Global. Analysts attribute the drop in premiums to the improvement in the oil supply situation in the world market. According to Vortexa, oil shipments from the Middle East, excluding Iran, to China will reach 4.5 million barrels per day (b/d) in October, which is close to the 2025 average (4.7 million b/d). First, the return of supplies from Saudi Arabia and Iraq is excellent, analysts note. As Vortexa points out, oil from these countries could become an alternative for Chinese refineries in the face of competition for Russian volumes with India.