Urals Crude Oil
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Urals Crude oil is a Russian export mixture used in the energy sector as a marker grade for international markets primarily produced in Russia, serving as a price reference at a discount to Brent. In 2026-07 prices ranged from 51.25 USD/bbl. to 87.05 USD/bbl. with an average of 65.48 USD/bbl. The indicator is a spot price based on CIF Europe, calculated as a freight net forward from FOB RF.
Index value can be retrieved via Cbonds add-in for Excel using the formula CbondsIndexValue(1594, date)
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