Urals

Azerbaijani oil elevates in price

The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta increased by $0.79 (1.06%) compared to the previous rate, now sitting at $75.49 per barrel, a source in the oil and gas market said.

Azerbaijani oil elevates in price

Oil slumps below $75

Oil prices slump accelerated: Brent fell below $75 per barrel for the first time since late 2021. According to trading data, today, world …

Oil slumps below $75

Russian oil recovering after decline

The average price of the Urals export oil blend in February 2022 fell by 1.86 times year-on-year and amounted to $49.56 per barrel, the Russian Ministry of Finance said. "The average price of the Urals oil blend was formed as …

Russian oil recovering after decline

Russia’s oil and gas budget revenues down bay almost 50%

Oil and gas revenues of the Russian budget, according to preliminary data, amounted to 426 bln rubles ($5.96 bln) in January 2023 and decreased by 46% compared to January 2022, the Ministry of Finance said on Monday. "Oil and gas …

Russia’s oil and gas budget revenues down bay almost 50%

Average price of Russian oil drops in January

The average price of the Russian Urals export crude oil amounted to $49.48 per barrel in January 2023, the Russian Finance Ministry reported on its Telegram channel on Wednesday. "The average price of the Urals oil amounted to …

Average price of Russian oil drops in January

Russia’s Urals oil drops below proposed EU price cap

Russian flagship crude oil dipped again on Friday, serving as a reminder of the challenges facing European Union diplomats haggling over a price level at which to cap Moscow’s exports. The country’s key Urals grade fell to …

Russia’s Urals oil drops below proposed EU price cap

Indian Oil buys 3 mln barrels of Urals for May loading - source

Indian Oil Corp, the country's top refiner, on Wednesday bought 3 million barrels of Russian Urals and 2 million barrels of West African oil through a tender for May loading, trade sources said. Urals crude has been purchased from …

Indian Oil buys 3 mln barrels of Urals for May loading - source

Urals price surpasses $95 per barrel first since 2014

The price of Russia’s Urals export oil in Europe exceeded $95 per barrel during February 4 trading for the first time since September 2014, according to the international price agency Argus. The Urals price in Northwestern Europe …

Urals price surpasses $95 per barrel first since 2014

Azerbaijani oil reaches $100 per barrel

Azerbaijani Azeri Light oil brand rose on the world market by $4.23 (4.44%) to $99.03. In addition, in the Turkish port of Ceyhan, the price of Azeri Light rose by $4.23 to $98.39 per barrel. It should be noted that the …

Azerbaijani oil reaches $100 per barrel

Urals oil price exceeds $93/bbl for first time in 7 years

Prices of the Russian oil export blend Urals in Europe are above $93 per barrel for the first time in seven years, the international price agency Argus said. Urals growth followed that of the Brent oil, which crossed the $91 benchmark …

Urals oil price exceeds $93/bbl for first time in 7 years

Azeri Light oil price exceeds $90

Oil prices rose for a fourth day on Wednesday as an outage on a pipeline from Iraq to Turkey increased concerns about an already tight supply outlook amid worrisome geopolitical troubles in Russia and the United Arab Emirates. The price …

Azeri Light oil price exceeds $90

Urals oil price reaches three-year high

The average price of Urals oil in 2021 reached $69 per barrel, according to the Russian Ministry of Finance. According to the ministry, the average price for Urals oil in January-December 2021 was $69 per barrel, in …

Urals oil price reaches three-year high

Urals oil average price doubled

Average price of Russia’s Urals oil rose doubled in October, reaching $81.49 per barrel. According to the press service of the Russian Ministry of Finance, in October 2020 it was $40.53 per barrel. The average …

Urals oil average price doubled

Russia's Urals oil prices above $80 per barrel

Prices of the Russian oil export blend Urals crossed the line of $80 a barrel at night of October 5, for the first time since 2018, the international price agency Argus said. Urals prices climbed to $80.8 per barrel in Northwestern …

Russia's Urals oil prices above $80 per barrel

Urals average price reaches $70

Average price of Russia’s Urals oil rose to $70.1 per barrel for the first time since May, 2019, according to Argus. The last time the price of Russia's oil was above $70 per barrel in the northwest region of Europe on May 22, …

Urals average price reaches $70

Average price of Russia's Urals in May up by 2.1 times

The average price of Urals oil in May 2021 increased 2.1 times in annual terms, up to $66.63 per barrel, according to the website of the Russian Ministry of Finance on Monday. "The average price for Urals oil in May 2021 was $66.63 …

Average price of Russia's Urals in May up by 2.1 times

Average Urals price down 34.4% over 2020

The average Urals oil price plummeted by 34.38% year-on-year in 2020 to $41.73 per barrel, the Russian Ministry of Finance said. "The average price of the Urals oil blend in January - December 2020 evolved as $41.73 per barrel; in …

Average Urals price down 34.4% over 2020

Russia's crude export duty to be raised in winter

Russia's crude export duty will be increased by $2.2 to $90.5 per ton from December 1, 2019, according to the Russian Finance Ministry's website. Russia's current crude export duty is $88.3 per tonne. From October …

Russia's crude export duty to be raised in winter
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