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Discount to Urals in Europe above $28.4/bbl - trading data

Urals was traded at $82.46 per barrel on March 11

MOSCOW, March 14. /TASS/. The price difference between the Russian oil export blend Urals in Europe against Brent was above $28.4 per barrel for the first time in the history, according to trading data seen by TASS.

The discount for Urals reached such value in Northwestern Europe (CIF Rotterdam). Urals was traded at $82.46 per barrel on March 11, while Brent prices were close to $111 a barrel.

The discount for Urals vs. Brent was $25.5 a barrel in the Mediterranean on March 11.