The Ministry of Finance presented the dynamics of prices for Urals oil (November 1, 2022)

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.

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