Argus: Price of Russia’s Urals oil hits record high since 2014

MOSCOW, Jan 19 (PRIME) -- The price of Russia’s export oil blend Urals in Northwest Europe rose to U.S. $87.52 per barrel as of Tuesday, a record high since October 10, 2014, Diana Mukhametzyanova, chief oil markets expert at research agency Argus, told PRIME on Wednesday.

“Last time, (Urals) broke through (the $87 mark) on October 10, 2014, it was $87.09,” Mukhametzyanova said.

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