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Urals Oil (Average Price, MET)

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monthly
USD/BBL
UTC+3
Previous value
on 30/06/2026
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to
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Index description

Urals Oil (Average Price, MET) represents the average price level of Urals grade oil for the past tax period, used for MET/NDT calculation, applied as an indicator for tax calculations in the energy sector calculated by the Ministry of Economic Development of Russia, serving as a price reference for the Russian market. In 2026 prices ranged from 39.18 USD/bbl. to 94.87 USD/bbl. with an average of 59.18 USD/bbl. The taxable price is calculated based on quotes from FOB Primorsk, FOB Novorossiysk and ESPO FOB Kozmino.

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Index value can be retrieved via Cbonds add-in for Excel using the formula CbondsIndexValue(214435, date)

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Subgroup indices

Index Current value Date
Brent Crude Oil 88.29 USD/BBL 28/08/2026
WTI Crude Oil 83.44 USD/BBL 28/08/2026
Crude oil Arab Light 84.48 USD/BBL 28/08/2026
Crude oil Brass River (Nigeria) 92.73 USD/BBL 28/08/2026
Crude oil CPC Blend (Kazakhstan) 89.98 USD/BBL 28/08/2026
Crude oil DME Oman 89.4 USD/BBL 28/08/2026
Crude oil Iran Heavy CIF Sidi Kerir (Iran) 85.15 USD/BBL 28/08/2026
Crude oil Lula (Brazil) 90.76 USD/BBL 28/08/2026
Crude oil Murban 95.94 USD/BBL 28/08/2026
Crude oil, average (World Bank) 79.8 USD/BBL 31/07/2026
Crude oil, Brent (World Bank) 83.4 USD/BBL 31/07/2026
Crude oil, Dubai (World Bank) 76.7 USD/BBL 31/07/2026
Crude Oil, Dubai Fateh (IMF) 77.13 USD/BBL 31/07/2026
Crude Oil, fob U.K (IMF) 83.73 USD/BBL 31/07/2026
Crude Oil, West Texas (IMF) 79.71 USD/BBL 31/07/2026
Crude oil, WTI (World Bank) 79.4 USD/BBL 31/07/2026
Oil basket Indian 89.52 USD/BBL 28/08/2026
Oil basket OPEC 87.31 USD/BBL 28/08/2026
Oil ESPO (Average Price, Mineral Extraction Tax — NMM) 489.55 USD/T 31/07/2026
Oil Gas Condensate ESPO (Average Price, Mineral Extraction Tax — NMM) 536.49 USD/T 31/07/2026
Oil Gas Condensate Urals (Average Price, Mineral Extraction Tax — NMM, FOB Novo) 450.56 USD/T 31/07/2026
Oil Gas Condensate Urals (Average Price, Mineral Extraction Tax — NMM, FOB Primorsk) 457.45 USD/T 31/07/2026
Oil Urals (Average Price, Mineral Extraction Tax — NMM, FOB Novo) 411.14 USD/T 31/07/2026
Oil Urals (Average Price, Mineral Extraction Tax — NMM, FOB Primorsk) 417.42 USD/T 31/07/2026
Urals Crude Oil 77.99 USD/BBL 28/08/2026
Urals Oil (Average Price, MET) 59.02 USD/BBL 31/07/2026
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