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Urals Averages $57.49/bbl Nov 15 to Dec 14

OIL

The average price of the Russian Urals export crude oil amounted to $57.49 per barrel from November 15 to December 14, 2022 compared to $71.1 per barrel in the previous month, the Russian Finance Ministry reported on Thursday.

  • Russia’s crude export duty will go down 2.6-fold starting January 1, 2023 to $16.7 per ton.
  • The oil export duty currently stands at $43.3 per ton.

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