Urals Oil decreased 2.68 USD/Bbl or 4.76% since the beginning of 2023, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

Historically, Urals Oil reached an all time high of 117.65 in February of 2013. This page includes a chart with historical data for Urals Crude. Urals Oil - data, forecasts, historical chart - was last updated on June of 2023.

Urals Oil is expected to trade at 60.22 USD/Bbl by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 69.65 in 12 months time.

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Urals Oil

Price Day Month Year
Crude Oil 68.25 0.160 0.24% -4.76% -40.29%
Brent 72.65 0.055 0.08% -3.54% -36.84%
Natural gas 2.20 -0.0614 -2.71% -0.42% -73.98%
Gasoline 2.43 -0.0155 -0.63% -0.30% -38.87%
Heating Oil 2.26 0.0131 0.58% -1.10% -44.80%
Coal 138.00 2.90 2.15% -25.47% -66.50%
TTF Gas 24.19 -2.67 -9.93% -35.56% -71.19%
UK Gas 56.31 -7.2200 -11.36% -34.03% -64.77%
Ethanol 2.44 -0.0048 -0.20% 1.15% -13.09%
Naphtha 586.83 -0.38 -0.06% -6.60% -29.84%
Propane 0.65 -0.001 -0.14% -7.61% -46.78%
Uranium 54.60 1.0000 1.87% 1.68% 14.11%
Methanol 2,066.00 20.00 0.98% -10.64% -26.94%

Urals Oil
Urals oil is the reference oil brand used as the price benchmark for Russian oil exports. It is a blend of the heavy and sour oil from the Urals and Volga regions with the lighter oil from Western Siberia. It is transported to Europe through the Druzhba pipeline and to Baku through the Novorossiysk pipeline, while main seaborne importers are China and India since 2022. Futures contracts of 1,000 barrels are traded in the St. Petersburg International Mercantile Exchange (SPIMEX). Pricing is also commonly seen as a discount to Brent crude oil. The Urals oil prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.
Actual Previous Highest Lowest Dates Unit Frequency
53.60 55.10 117.65 8.40 2012 - 2023 USD/Bbl daily