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Average Urals price was $62.99 per barrel in 2023, which is 1.2 times lower than in 2022

According to the Ministry of Finance, the average price for Urals oil in December 2023 was $64.23 per barrel, which is 1.27 times higher than in December 2022 ($50.47 per barrel)

MOSCOW, January 9. /TASS/. The average price of Russian Urals export oil in January - December 2023 decreased by 1.2-fold compared to the same period last year and amounted to $62.99 per barrel, according to the Telegram channel of the Russian Ministry of Finance.

"The average price for Urals oil in January - December 2023 was $62.99 per barrel, in January - December 2022 - $76.09 per barrel," the statement said.

According to the Ministry of Finance, the average price for Urals oil in December 2023 was $64.23 per barrel, which is 1.27 times higher than in December 2022 ($50.47 per barrel). North Sea Dated oil reached $77.88.