Urals Oil fell to 54.22 USD/Bbl on December 1, 2025, down 0.37% from the previous day. Over the past month, Urals Oil's price has fallen 7.52%, and is down 17.95% compared to the same time last year, 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.

Gasoline Prices in Russia decreased to 0.83 USD/Liter in November from 0.84 USD/Liter in October 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 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.

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

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.

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.

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.

Discover the dynamic Russia Federation oil and gas industry forecast (2025-2033). This comprehensive market analysis reveals key drivers, restraints, and trends, including regional insights and leading companies like Gazprom and Rosneft. Explore market size projections, CAGR, and detailed segment analysis for informed decision-making. Recent developments include: In October 2022, ExxonMobil Corp. announced that it left Russia completely after President Vladimir Putin expropriated its properties following seven months of discussions over an orderly transfer of its 30% stake in a major oil project., In September 2022, Shell PLC walked away from Russia's Sakhalin-2 liquefied natural gas project after President Vladimir Putin transferred the major facility to a new operating company. The President also issued a decree that blocks ExxonMobil Corp. from selling its interest in the Sakhalin-1 oil project until the end of the year.. Notable trends are: Upstream Segment Expected to be the Fastest-growing Market.

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

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.

The Russian Federation Oil and Gas Downstream Market, encompassing refining, petrochemicals, and marketing, presents a complex landscape shaped by geopolitical factors, domestic policies, and global energy demand. From 2019 to 2024, the market experienced fluctuating growth, influenced by international sanctions, fluctuating oil prices, and the COVID-19 pandemic. While precise figures for the market size aren't available, a reasonable estimate for 2025 (the base year) could be placed around $150 billion USD, considering Russia's substantial oil and gas production and a substantial downstream sector. Assuming a conservative Compound Annual Growth Rate (CAGR) of 3% for the forecast period (2025-2033), the market is projected to reach approximately $210 billion USD by 2033. This growth will be driven by increased domestic demand, particularly in the petrochemical sector, fueled by infrastructure development and industrial expansion. However, continued geopolitical instability and evolving global energy policies represent significant headwinds. Sanctions and export restrictions will continue to exert pressure, forcing the market to adapt and potentially reorient towards greater regional cooperation and domestic investment. The long-term outlook for the Russian Federation Oil and Gas Downstream Market remains uncertain, contingent upon the resolution of geopolitical tensions and the adaptation of the sector to changing global energy dynamics. Investment in upgrading refining capacities, diversifying product portfolios, and improving operational efficiency will be crucial for sustained growth. The market’s resilience will depend on the government’s ability to manage sanctions, attract foreign investment selectively, and foster a stable investment climate for domestic and international players alike. Government support and investment in refining capacity upgrades, coupled with a push to enhance petrochemical production, will be pivotal to sustained growth trajectory. Further, the development of downstream infrastructure and integration with neighboring markets could present opportunities despite global uncertainties. Notable trends are: Refining Capacity to Witness Growth.

India Imports from Russia of Crude Oil was US$52.73 Billion during 2024, according to the United Nations COMTRADE database on international trade. India Imports from Russia of Crude Oil - data, historical chart and statistics - was last updated on December of 2025.

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

The Crude Petroleum Extraction industry in Europe can be volatile. Its performance largely hinges on global oil demand and prices, which in turn are impacted by geopolitical conditions and global economic activity. Most of Europe relies on imports for its crude oil and refined fuels, often from geopolitically unstable regions. Only Russia can count itself among the world’s largest oil producers, while Norway and the UK are the main beneficiaries of oil reserves in the North Sea. The industry’s performance is heavily weighted towards oil production activities in these countries, with Russia’s invasion of Ukraine spurring a shift in Europe’s oil landscape. Revenue is forecast to decline at a compound annual rate of 5.6% to €236.1 billion over the five years through 2024. Revenue dropped during the pandemic, as tumbling oil prices were compounded by reduced global demand for oil. This was followed by a strong recovery in the following years, as a post-pandemic rebound in demand for oil led to a surge in prices. Russia’s invasion of Ukraine led to a further spike in prices in the following year, bolstering returns on investment. The lure of sky-high margins purred increased exploration activity in 2022, while Russia was able to redirect most of its oil exports to China and India in response to Western sanctions. Europe’s oil landscape continues to shift as nations seek to wean themselves off of Russian fossil fuels, with Norway looking like the main beneficiary of the change in dynamics. Revenue is forecast to drop by 21.7% in 2024. Over the five years through 2029, revenue is forecast to climb at a compound annual rate of 5.4% to reach €306.7 billion. As geopolitical tensions persist, the potential for significant fluctuation in prices remains. However, as Europe continues to wean itself off Russian fossil fuels, there's an expectation of easing oil prices. By 2027, the EU aims to be completely free from Russian fossil fuels – a move that would open up opportunities for other oil producing nations, while placing pressure on Russia to continue to find alternative buyers of its oil. Ambitious decarbonisation targets threaten to contribute to a downward trend in oil consumption, weighing on long-term growth prospects.

Crude Oil fell to 59.17 USD/Bbl on December 2, 2025, down 0.25% from the previous day. Over the past month, Crude Oil's price has fallen 3.08%, and is down 15.40% compared to the same time last year, 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 December of 2025.

On January 1, 2025, the largest volume of Russian crude oil shipments went to India, at around ******* metric tons per day based on a 30-day running average. Since the beginning of 2022, the shipments to the European Union (EU) and the United States have decreased significantly. Both the EU and the U.S. imposed sanctions on oil imports from Russia in response to the invasion of Ukraine in 2022. The EU banned seaborne crude oil imports starting from December 5, 2022, while the U.S. banned all imports of oil and petroleum products from Russia on March 8, 2022. Existing deals had to be ended by April 22, 2022. Furthermore, the G7, the EU, and Australia imposed a price cap of 60 U.S. dollars per barrel from December 5, 2022, to reduce Russia's energy export revenue, which is one of its largest sources of income. Which countries started buying more oil from Russia? Faced with Western sanctions on Russian oil, Russia increased crude oil shipments to China, India, Turkey, Egypt, and the United Arab Emirates. In fact, China contributed the most to Russia's oil export revenue since the war in Ukraine, at approximately *** billion euros as of January 2025. However, the oil price ceiling imposed in December 2022 could make it more difficult for Russia to export to non-Western countries, too. This is because the policy also applies to tankers that belong to the sanctioning countries, as well as those insured or financed by them. For instance, Russian oil cannot be transported to Turkey for a price above the market cap if it is insured by EU or United Kingdom (UK) companies. How much does Russia earn from oil exports? Crude oil has traditionally been the main source of fuel and energy export revenue of Russia. Between February 24, 2022, and January 30, 2025, Russia earned around *** billion euros from oil exports, including crude oil and refined products. Over the same period, EU countries paid around *** billion euros for Russian oil.

The average consumer price of one liter of motor gasoline in Russia stood at ** Russian rubles in February 2025, having increased slightly from the previous month. The monthly price saw a decline in January 2025.