Factbox: Global oil benchmarks rally above $100/b as markets shun Russian barrels

Global crude benchmarks soared past the $100/b threshold March 1, while price discounts deepened for Russian oil, as traders sought alternative supplies amid Russia’s military invasion of Ukraine. The Platts Dated Brent benchmark jumped $9.72 to be assessed at $112.92/b, while American GulfCoast Select climbed $6.96 to be assessed at $104.71/b, according to data from S&P Global Commodity Insights. However,…

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