The average price of Urals oil in January 2023 was $49.48 per barrel. This is stated in the message of the Ministry of Finance of Russia. The ministry noted that this is 1.7 times lower than in January 2022 ($85.64 per barrel). An expert of the National Energy Security Fund, a lecturer at the Financial University under the Government of Russia, Stanislav Mitrakhovich, in an interview with the Economics Today, commented on the situation with prices for Russian Ural
This is stated in the message of the Ministry of Finance of Russia.
The ministry noted that this is 1.7 times lower than in January 2022 ($85.64 per barrel).
An expert of the National Energy Security Fund, a lecturer at the Financial University under the Government of Russia, Stanislav Mitrakhovich, in an interview with the Economics Today, commented on the situation with prices for Russian Urals oil.