The average cost of the Russian brand of export petroleum mixture Urals in October amounted to $70.62 per barrel, which is 3.5% higher than in September and 1.15 times lower than in October last year. In January-October, the price of the main Russian export commodity was $79.57 per barrel, follows from the information provided on the website of the Ministry of Finance.
“The average price of Urals oil in October 2022 was $70.62 per barrel, which is 1.15 times lower than in October 2021 ($81.49 per barrel),” the Finance Ministry said.
In September, the Urals brand cost an average of $68.25 per barrel, in August – $74.73 per barrel, in July – $78.41.
The agency also provided statistics for ten months. According to the Ministry of Finance, the average price of Urals oil in January-October amounted to $79.57 per barrel, while in the same period last year it was $67.51 per barrel.