Urals oil loses 20% of value

 

The average price for Urals oil dropped by 4%, from the average of $107.75 per barrel in the first 10 months of 2013 to $103.04 in the same period of this year, according to Russian Minister for Finances Alexander Sakovich, RIA Novosti reports.The average price for Urals totaled $86.38 per barrel in October 2014, 20% below the price of $107.91 fixed in October 2013.

 

The average price for Urals oil dropped by 4%, from the average of $107.75 per barrel in the first 10 months of 2013 to $103.04 in the same period of this year, according to Russian Minister for Finances Alexander Sakovich, RIA Novosti reports.

The average price for Urals totaled $86.38 per barrel in October 2014, 20% below the price of $107.91 fixed in October 2013.