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Mediterranean Urals crude spread to Iraq's Kirkuk grade at widest margin since 2008

Benno Spencer, managing editor, crude, and Robert Mayer, editor for Urals and Mediterranean crude, discuss the recent divergence in prices for Russia’s Mediterranean Urals crude and Iraq’s Kirkuk crude, which reached a level not seen for more than four years on increasing demand for Urals, coming as the refinery maintenance season nears its end and as Kirkuk undergoes changes to its loading operations.

This is the latest in a series of weekly podcasts aimed at highlighting significant news stories from around the energy world. Check back every week for the latest update.

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