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Urals discount against Brent down $1 over month to $20-21/barrel — research

It is reported that the discount was about $21-22 a month ago and lost about $1 over the month

MOSCOW, October 18. /TASS/. The spot market discount for the Russia’s Urals export oil blend against Brent was $20-21 a barrel from October 10 to 14, Petromarket Group says in its research.

"The discount in the price of the Russian Urals oil against Brent was varying in the range of $20-21 a barrel during the last workweek," the Group says.

The discount was about $21-22 a month ago and lost about $1 over the month, according to Petromarket. It stood at $25 per barrel in mid-August and $40.2 per barrel in July.