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Russian Urals oil cargoes for delivery in December offered at near parity with dated Brent in India amid weak refining margins - Sources
Oct 15 (Reuters) — Russian Urals crude premiums for delivery to India have fallen to near parity with dated Brent as weak refining margins in Asia weigh on demand, three trading sources told Reuters. The decline is squeezing sellers' profits, already under pressure from record freight rates that are eating into Russia'