Average price of Russia’s Urals oil falls 17% to $54.24/bbl in Jan

MOSCOW, Mar 2 (PRIME) -- The average price of the Urals oil blend, Russia’s key export, fell by about 17% on the year to U.S. $54.24 per barrel in February, as seen by PRIME in the materials of the Finance Ministry on Monday.

In January–February, the price fell to $58.13 from $61.76 in the same period of 2019.

In 2019, the price fell 9.17% to $63.59.

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