Urals Oil rose to 63.67 USD/Bbl on September 25, 2025, up 0.51% from the previous day. Over the past month, Urals Oil's price has risen 0.17%, but it is still 5.18% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Urals Crude.

In May 2025, the average monthly price of the Urals crude oil, Russia's major export oil brand, was approximately ***** U.S. dollars per barrel, having decreased from the previous month. In 2020, the price of the Urals experienced a considerable decrease at the beginning of the year due to the coronavirus (COVID-19) pandemic, dropping to as low as **** U.S. dollars per barrel in April. What is the purpose of the Russian oil price cap? In early December 2022, the G7 (Canada, France, Germany, Italy, Japan, United Kingdom (UK), and the United States), the European Union (EU), and Australia formed the Price Cap Coalition and imposed a price cap of 60 U.S. dollars per barrel on oil originating in Russia. The aim of the price ceiling is to decrease Russia’s earnings from oil exports and thereby limit the Russian government’s budget to finance the war in Ukraine. At the same time, the cap is meant to ensure that Russia continues to supply oil to emerging economies, though at a discounted price. With the cap in place, Russia cannot sell oil at a higher price even to third countries if the oil tankers are financed or insured by members of the Price Cap Coalition. In early February 2023, a price cap of 100 U.S. dollars per barrel was imposed on Russian refined oil products. Global dependence on Russian oil China was Russia’s leading crude oil export destination, with the value of exports measured at nearly **** billion U.S. dollars in 2021. In physical terms, Russia supplied around *** million metric tons of crude oil to China in 2024, being the leading crude oil import origin in the country ahead of Saudi Arabia. Furthermore, European countries were major consumers of Russian oil prior to the war in Ukraine. For instance, Russia accounted for over ** percent of oil and petroleum products imported into Slovakia in 2020. To compare, the dependence rate stood at nearly ** percent in Lithuania, ** percent in Germany, and ** percent in the UK.

Russia exported crude oil for an average price of ***** U.S. dollars per metric ton in January 2022. The average price of the fossil fuel marked an increase from the previous month. A sharp decline occurred in the spring of 2020, impacted by the COVID-19 pandemic and the oil price conflict with Saudi Arabia. A similar trend was observed in the price of Urals, Russia's major crude oil export brand.

The price of Russian crude oil is determined by a combination of factors, including supply and demand dynamics, geopolitical events, production levels, and global economic conditions. This article discusses the impact of Russian crude oil price fluctuations on the global oil market, particularly in Europe, and highlights the factors that influence these fluctuations. It emphasizes the importance of understanding the dynamics of Russian crude oil prices for market participants, energy analysts, and policymak

Gasoline Prices in Russia increased to 0.79 USD/Liter in August from 0.76 USD/Liter in July of 2025. This dataset provides the latest reported value for - Russia Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Russia Average Producer Price: Crude Oil: per Litre data was reported at 17.820 RUB/l in Jan 2019. This records a decrease from the previous number of 19.160 RUB/l for Dec 2018. Russia Average Producer Price: Crude Oil: per Litre data is updated monthly, averaging 10.465 RUB/l from Jun 2011 (Median) to Jan 2019, with 92 observations. The data reached an all-time high of 21.960 RUB/l in Nov 2018 and a record low of 6.640 RUB/l in Jul 2011. Russia Average Producer Price: Crude Oil: per Litre data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.RBL010: Average Producer Price: by Federal District: Fuel.

Russia Average World Price: Crude Oil: Urals: per 1 Barrel data was reported at 91.200 USD/Barrel in Mar 2019. This records an increase from the previous number of 80.700 USD/Barrel for Feb 2019. Russia Average World Price: Crude Oil: Urals: per 1 Barrel data is updated monthly, averaging 58.745 USD/Barrel from Jun 2000 (Median) to Mar 2019, with 226 observations. The data reached an all-time high of 129.710 USD/Barrel in Jul 2008 and a record low of 18.200 USD/Barrel in Nov 2001. Russia Average World Price: Crude Oil: Urals: per 1 Barrel data remains active status in CEIC and is reported by Ministry of Finance of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.PC002: Average World Prices, Crude Oil Export Price, Crude Oil Export Duty.

Canada joins allies in lowering the Russian oil price cap to $47.60 per barrel to intensify economic pressure on Russia over its war in Ukraine.

The export price for one barrel of Urals crude oil was expected to reach ** U.S. dollars in 2025. In the following three years, the Russian government expected it to increase. In 2028, it was projected to reach ** U.S. dollars per barrel. Urals is Russia's major export oil brand. Crude oil prices in Russia Different types of oil, such as lightweight, low-sulfur (light-sweet) grades and heavier, higher-sulfur (heavy-sour) crudes, can create differences in oil prices. Prices of a barrel of crude oil tend to fluctuate throughout the year due to factors like sulfur content, specific gravity, and location. In recent years, the price of Russian Urals crude oil reached a high of almost ** U.S. dollars per barrel in February 2022 and a low of **** U.S. dollars per barrel in April 2020. The Urals oil is used as a basis for Russian export oil mixture—a mix of heavy, high-oil from the Urals and Volga region and a light Siberian oil. The oil and gas industry accounts for a large majority of the country’s export income. Many global sources of crude oil are located in areas that are prone to political upheavals or have production disrupted by political events. Prices of major crude oil blends In comparison, the West Texas Intermediate crude oil price was estimated at ***** U.S. dollars per barrel in 2025. Furthermore, Dubai Fateh oil prices have fluctuated in the past decade, having reached ***** U.S. dollars per barrel in 2024. Prices of petroleum products fluctuate in parallel with crude oil prices but can also depend on seasonality, market factors, or refining outages. Petroleum products like gasoline, diesel, and petrochemical feedstocks are usually the most relevant to consumers.

Russia Average World Price: Crude Oil: Urals: per 1 Ton data was reported at 420.400 USD/Ton in Dec 2018. This records a decrease from the previous number of 473.000 USD/Ton for Nov 2018. Russia Average World Price: Crude Oil: Urals: per 1 Ton data is updated monthly, averaging 425.600 USD/Ton from Jun 2000 (Median) to Dec 2018, with 223 observations. The data reached an all-time high of 947.800 USD/Ton in Jul 2008 and a record low of 132.800 USD/Ton in Nov 2001. Russia Average World Price: Crude Oil: Urals: per 1 Ton data remains active status in CEIC and is reported by Ministry of Finance of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.PC002: Average World Prices, Crude Oil Export Price, Crude Oil Export Duty.

The Russian crude rapeseed oil market plummeted to $92M in 2024, which is down by -29.1% against the previous year. Over the period under review, consumption, however, showed mild growth. Over the period under review, the market hit record highs at $250M in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.

Crude Oil rose to 65.19 USD/Bbl on September 26, 2025, up 0.32% from the previous day. Over the past month, Crude Oil's price has risen 1.62%, but it is still 4.39% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on September of 2025.

Oil prices have risen due to reduced supply from OPEC and Russia, coupled with stronger U.S. economic growth. Explore insights on future oil price trends and market dynamics.

Russia Average Export Price: Sunflower Oil data was reported at 754.400 USD/Ton in Nov 2018. This records a decrease from the previous number of 771.200 USD/Ton for Oct 2018. Russia Average Export Price: Sunflower Oil data is updated monthly, averaging 817.900 USD/Ton from Jan 2013 (Median) to Nov 2018, with 71 observations. The data reached an all-time high of 1,255.200 USD/Ton in Feb 2013 and a record low of 738.400 USD/Ton in Jun 2017. Russia Average Export Price: Sunflower Oil data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.PC001: Average Export Price.

Explore the factors influencing the pricing and demand for ESPO crude oil, a premium Russian oil grade favored for its low sulfur content and strategic positioning in the Asia-Pacific markets. Learn about market dynamics, geopolitical impacts, and energy transition trends shaping this key export.

Russia Average World Price: Gasoline: Nafta data was reported at 457.000 USD/Ton in Dec 2018. This records a decrease from the previous number of 502.700 USD/Ton for Nov 2018. Russia Average World Price: Gasoline: Nafta data is updated monthly, averaging 519.750 USD/Ton from Jun 2000 (Median) to Dec 2018, with 222 observations. The data reached an all-time high of 1,085.200 USD/Ton in Jun 2008 and a record low of 150.300 USD/Ton in Nov 2001. Russia Average World Price: Gasoline: Nafta data remains active status in CEIC and is reported by Ministry of Finance of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.PC002: Average World Prices, Crude Oil Export Price, Crude Oil Export Duty.

Palm Oil Price in Russia - 2022. Find the latest marketing data on the IndexBox platform.

The Russian crude soybean oil market surged to $499M in 2024, picking up by 36% against the previous year. In general, consumption showed a buoyant expansion. Crude soybean oil consumption peaked at $656M in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

On September 15, 2025, the Brent crude oil price stood at 66.55 U.S. dollars per barrel, compared to 62.64 U.S. dollars for WTI oil and 69.36 U.S. dollars for the OPEC basket. Oil prices rose slightly that week.Europe's Brent crude oil, the U.S. WTI crude oil, and OPEC's basket are three of the most important benchmarks used by traders as reference for global oil and gasoline prices. Lowest ever oil prices during coronavirus pandemic In 2020, the coronavirus pandemic resulted in crude oil prices hitting a major slump as oil demand drastically declined following lockdowns and travel restrictions. Initial outlooks and uncertainty surrounding the course of the pandemic brought about a disagreement between two of the largest oil producers, Russia and Saudi Arabia, in early March. Bilateral talks between global oil producers ended in agreement on April 13th, with promises to cut petroleum output and hopes rising that these might help stabilize the oil price in the coming weeks. However, with storage facilities and oil tankers quickly filling up, fears grew over where to store excess oil, leading to benchmark prices seeing record negative prices between April 20 and April 22, 2020. How crude oil prices are determined As with most commodities, crude oil prices are impacted by supply and demand, as well as inventories and market sentiment. However, as oil is most often traded in future contracts (where a contract is agreed upon while product delivery will follow in the next two to three months), market speculation is one of the principal determinants for oil prices. Traders make conclusions on how production output and consumer demand will likely develop over the coming months, leaving room for uncertainty. Spot prices differ from futures in so far as they reflect the current market price of a commodity.

In 2023, approx. 2.2K tons of crude palm oil were exported from Russia; picking up by 4,880% against 2022 figures.