Urals Oil Price

Urals Oil Price

Daily Prices | US$ per Barrel*

Date Urals Crude Oil Brent Crude Oil WTI Crude Oil
October 20, 2016 48.47 51.38 50.43
October 21, 2016 49.27 51.78 50.85
October 24, 2016 49.11 51.46 50.52

*Barrel (bbl) – unit of volume for crude oil and petroleum products. 1 bbl corresponds 42 US gallons or 35 UK (imperial) gallons, or approximately 159 liters.

Urals Crude Oil – export oil mix (a mix of heavy and high-grade oil of Urals with light oil of Western Siberia), extracted in Khanty-Mansiysk autonomous region, Bashkortostan and Tatarstan. Urals brand oil is supplied through the Baku-Novorossiysk pipeline and the Druzhba pipeline system. The world’s largest Urals crude oil producers are “Rosneft”, “Lukoil”, “Surgutneftegaz”, “Gazprom Neft”, “Tatneft”. Brent Crude futures are traded on the Intercontinental Exchange (ICE) under ticker symbol B in U.S. dollars. Brent –°rude futures are also traded on the New York Mercantile Exchange (NYMEX) with the symbol BZ. Brent blend is a light crude oil (LCO) which contains approximately 0.37% of sulphur, however, not sweet as West Texas Intermediate (WTI). WTI futures is traded on the NYMEX under ticker symbol CL.


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