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The average price of Urals oil in January-March totaled $ 63.17

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The average price of Urals oil in January-March totaled $ 63.17
April 01
13:00 2019

We seldom talk about Russian Urals oil for export, though the oil of this brand is quite widely supplied. So, according to the Russian Ministry of Finance, the average price of Urals oil in January-March this year amounted to $ 63.17 per barrel.

For the same period of 2018, this figure was equal to 65.22 US dollars. The price reduced a little over 3% or $ 2.05.

The price of Urals in March was $ 65.98. For comparison, in March last year, Urals oil was traded at the price of $ 63.68.

The average cost of Urals in 2018 increased by 32% – to the level of $ 70. In December, it fell to $ 57.59. In December 2017, one barrel of sour crude oil cost 63.61 US dollars.

In 2017, Urals oil showed an increase of 26.6%, reaching a price of $ 53.03 per barrel.

 

The material was prepared with the participation of Katya Gordon,
a leading analyst of the brokerage company CT Trade

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