The average price for Russian Urals in June was $55.28 per barrel – Kommersant
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The average price of the Russian Urals oil grade in June was $55.28, which is 1.6 times lower than in June 2022 ($87.25). This was reported press office Ministry of Finance.
According to the results of January-June 2023, the cost of Urals was $52.17 per barrel against $84.09 in the same period of 2022. The cost of a barrel of North Sea Dated oil was $74.71 in June, the Finance Ministry added.
From July 1, the discount of the cost of the Russian Urals oil grade to the Brent benchmark in the calculation of oil taxes decreased up to $25 per barrel. According to Nikolai Shulginov, head of the Russian Energy Ministry, the actual discounts are at the level of $20 per barrel.
More details – in the material “Kommersant” “Discount according to the rules”.
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