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Oil Urals (Average Price, Mineral Extraction Tax — NMM, FOB Novo)

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monthly
USD/T
UTC+3
Previous value
on 31/05/2026
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Index description

Oil Urals (Average Price, Mineral Extraction Tax — NMM, FOB Novo) represents the average tax-period price of dehydrated, desalinated and stabilized oil from new offshore fields for MET-NMM calculation with the main producer in Russia, serving as a price reference for fields in the Azov, Black and Caspian Seas. In 2026 prices ranged from 260.10 USD/t to 691.05 USD/t with an average of 418.69 USD/t. Data are published on economy.gov.ru in the section “Global Commodity Market Conditions”.

Quotes by Market Participants

List of securities for index calculation

Subgroup indices

Index Current value Date
Brent Crude Oil 87.07 USD/BBL 13/08/2026
WTI Crude Oil 81.25 USD/BBL 13/08/2026
Crude oil Arab Light 80.93 USD/BBL 14/08/2026
Crude oil Brass River (Nigeria) 93.42 USD/BBL 14/08/2026
Crude oil CPC Blend (Kazakhstan) 87.97 USD/BBL 14/08/2026
Crude oil DME Oman 85.91 USD/BBL 14/08/2026
Crude oil Iran Heavy CIF Sidi Kerir (Iran) 84.28 USD/BBL 14/08/2026
Crude oil Lula (Brazil) 89.14 USD/BBL 14/08/2026
Crude oil Murban 88.02 USD/BBL 14/08/2026
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 91.6 USD/BBL 14/08/2026
Oil basket OPEC 85.86 USD/BBL 14/08/2026
Oil ESPO (Average Price, Mineral Extraction Tax — NMM) 531.17 USD/T 30/06/2026
Oil Gas Condensate ESPO (Average Price, Mineral Extraction Tax — NMM) 582.1 USD/T 30/06/2026
Oil Gas Condensate Urals (Average Price, Mineral Extraction Tax — NMM, FOB Novo) 485.48 USD/T 30/06/2026
Oil Gas Condensate Urals (Average Price, Mineral Extraction Tax — NMM, FOB Primorsk) 489.19 USD/T 30/06/2026
Oil Urals (Average Price, Mineral Extraction Tax — NMM, FOB Novo) 443 USD/T 30/06/2026
Oil Urals (Average Price, Mineral Extraction Tax — NMM, FOB Primorsk) 446.39 USD/T 30/06/2026
Urals Crude Oil 84.08 USD/BBL 13/08/2026
Urals Oil (Average Price, MET) 59.02 USD/BBL 31/07/2026

The composition of the index list

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