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Rodent

Russian ESPO demand falters

Rodent in Oil (General)

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Rodent    + 1,424

Rodent

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/081418-far-east-russian-espo-blend-crude-premium-falls-to-one-year-low-on-weak-demand

we were just talking about Saudi Arabia's oil production decline yesterday in a different thread. now it would appear that Russia is lowering prices due to weak demand for this particular grade as well.

I hope no one is holding out hope for that production increase that OPEC agreed to that everyone is talking about. 

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