Average Urals price down 34.4% to $41.73/bbl over 2020


The average Urals oil price plummeted by 34.38% year-on-year in 2020 to $41.73 per barrel, the Russian Ministry of Finance says. Urals is Russia’s and Kazakhstan’s main price indicator.

"The average price of the Urals oil blend in January - December 2020 evolved as $41.73 per barrel; in January - December...