Nov 23 2011

Oil Prices – Urals, Brent

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Urals – 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 and Tatarstan. Urals brand oil is supplied through Novorossiysk and the Druzhba pipeline system. The main producers of oil Urals – «Rosneft», «Lukoil», «Surgutneftegaz», «Gazprom Neft», «TNK-BP» and «Tatneft». Oil futures class Urals trade on the stock exchange Russian Trading System (RTS). On the New York Mercantile Exchange (NYMEX) “Urals” is known under the name of REBCO (Russian Export Blend Crude Oil) and traded under ticker symbol RE in U.S. dollars per barrel. Brent crude is traded on the electronic IntercontinentalExchange (ICE) under ticker symbol LCO in U.S. dollars. Light sweet crude oil is traded on the NYMEX under ticker symbol CL.

Urals, Brent and Light Crude oil – daily prices (U.S. Dollars per Barrel*)

Date Urals Brent Light Sweet Crude Oil
November 7, 2011 114.40 114.75 95.52
November 8, 2011 116.35 116.70 96.80
November 9, 2011 114.53 114.88 95.74
November 10, 2011 113.10 113.45 97.98
November 11, 2011 114.72 115.53 98.99
November 14, 2011 113.09 113.89 98.14
November 15, 2011 112.36 113.16 99.37
November 16, 2011 112.89 113.69 102.59
November 17, 2011 109.81 110.61 98.82
November 18, 2011 108.96 109.76 97.41
November 21, 2011 105.78 106.43 96.92
November 22, 2011 108.34 108.99 98.01
November 23, 2011 107.36 107.86 N/A

*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.

Oil Price History Oil Price History


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