Urals oil doubles in price

The average price of Urals oil, the main Russian export item, in October increased by 12.5% ​​compared to September this year and doubled compared to October 2020, to $81.49 per barrel, according to the Russian Finance Ministry, Report informs referring to Prime agency.

“The average price for Urals oil in October 2021 was $81.49 per barrel, which is twice as high as in October 2020 ($40.53 per barrel),” the ministry said in a statement.

In September 2021, the Urals oil cost an average of $72.46 per barrel.

The average price of Urals in January-October this year amounted to $67.51 per barrel compared to $40.81 per barrel in the same period of 2020.