RUSSIAN OIL PREMIUMS SURGE AS MIDDLE EAST SUPPLY TIGHTENS Russian Urals crude premiums in India jumped to $8/barrel over Brent, up from around $1 in August and the highest since May. Middle East supply disruptions are pushing Indian and Chinese refiners toward Russian barrels, while Novorossiysk exports remain constrained. Market angle: shrinking alternative supplies are dramatically strengthening Russia’s pricing power in Asia.(彭博社)