World oil prices

10 Apr, 13:35

Urals oil price drops below $50 per barrel first since June 2023

The price of Urals oil was last below $50 per barrel on June 12, 2023

MOSCOW, April 10. /TASS/. The price of Russian Urals oil has fallen below $50 per barrel for the first time since June 2023, according to data provided by the international price agency Argus seen by TASS.

The Russian oil price has been following the general drop of oil futures contracts globally.

According to Argus, the price of Urals on an FOB basis in the port of Primorsk on April 9 was $47.54 per barrel, in the port of Novorossiysk its cost was $48.39 per barrel. The price of Urals oil was last below $50 per barrel on June 12, 2023.

Meanwhile, discounts to the North Sea Dated (NSD) benchmark have slightly increased: in the port of Primorsk the discount was up by $0.1 compared to April 8 at $15.1, and in the port of Novorossiysk it was up by $1.25 at $14.25.

The cost of Urals on a DAP basis in Indian ports on April 9 was $60.24 per barrel (down by $3.45 compared to April 8), with the discount having lost half a percent to $2.4. The ESPO blend FOB Kozmino price was down at $53.19 (down by $3.44 compared to April 8), while the discount to Dubai blend remained at $7.85.

Tags

US makes great progress in trade negotiations with EU — White House

"It’s going to be very good for American workers, especially American auto workers," White House economic advisor Kevin Hassett said

Coming to terms on key elements of Ukrainian settlement proving difficult — Lavrov

The Russian Foreign Minister stressed that an agreement can only be reached when its root causes are eliminated

Serbia committed to its EU course, pledges to contribute to its prosperity — top diplomat

Serbia’s acting Foreign Minister Marko Djuric stressed that membership in the European Union is Serbia’s strategic choice

Russia’s import-substituted SJ-100 equipped with PD-8 engines takes off for maiden flight

According to First Deputy Prime Minister Denis Manturov, it was an important and long-awaited step towards certification of a technologically independent version of the Superjet

Extension of moratorium on energy strikes depends on Putin's decision — Kremlin

Dmitry Peskov recalled that "the moratorium has essentially not been observed by the Ukrainian side"

Medvedev labels German chancellor candidate 'Nazi' for his idea to strike Crimean bridge

Kiev has repeatedly requested Taurus missiles from Berlin

Ukrainian army concentrates forces in Krasnoarmeisk area, DPR leader says

Denis Pushilin added that Russian forces were also advancing in the South Donetsk area near the settlement of Bogatyr and in the Krasny Liman area

Russian army prevails in Sumy due to being better trained than Ukrainian servicemen

The Russian serviceman noted that the 30th Motorized Rifle Regiment deployed to the Kursk Region in August 2024 and had been involved in all key operations there alongside a neighboring unit

US to take control of Gazprom pipeline in Ukraine — Reuters

US and Ukrainian officials met on the draft proposal in Washington on Friday, the source said

Pucks from Ovechkin’s 894th, 895th goals to be displayed at hockey academy in Moscow

The Alexander Ovechkin International Hockey Academy is scheduled to open in Moscow in 2026

Hamas announces plans to become political party — TV

According to Al Hadath, requested more time in responding to the latest truce proposal in the Palestinian enclave

22 Jan 2022, 07:29

Plane with US weapons arrives in Kiev, US Embassy says

This shipment includes close to 90 tonnes of lethal aid

Hamas says has received Gaza ceasefire proposal, will respond soon

Under the Israeli initiative, it will withdraw its troops from areas of the Gaza Strip captured during the operation that was launched in mid-March during the 45-day ceasefire

Energy strategy allows gas export by independent producers via pipeline

The strategy suggests setting economically reasonable prices for gas and its transportation tariffs

Lavrov to hold talks with visiting South African counterpart — Russian diplomat

According to the South African foreign ministry, Ronald Lamola will also take part in the 18th meeting of the intergovernmental commission on trade and economic cooperation

Audi hits brakes on US deliveries following new Trump tariffs — Bild

The company representative added that currently there are more than 37,000 cars sitting in Audi warehouses in the United States, and these are not subject to the new duties, meaning they can be sold

EU is preparing 17th package of anti-Russian sanctions — Kallas

Discussions are underway whether the ban on supplies of Russian liquefied gas is included into the next sanctions package

Russia may take Kharkov, Odessa if Ukraine conflict continues — French expert

Colonel Herve Carresse added that the Europeans have suffered a lot from the conflict

Trump calls Ukrainian crisis 'Biden’s war' that he wants to stop

The US president said that he is "just trying to get it stopped"

Yesterday, 10:38

Kremlin spokesman says Russia, US make good progress in re-establishing relations

According to Dmitry Peskov, talks between the two counrtries have a lot of "nuances" related to the resumption of normal operation of their diplomatic missions

Biden’s administration authorized Chevron to make payments to Venezuela — Bloomberg

A supplement to the sanction carve-out issued in November 2022 enabled Chevron to remain within the framework of laws when paying taxes and royalty to Venezuela, the news agency said

Billionaires on Forbes list range from 19 to 103 years old

In 2025, over 3,000 people with a combined fortune of a record $16.1 trillion made the magazine's list, including 406 women

French expert sees signs of Ukraine's military exhaustion

Colonel Herve Carres also pointed to "a noticeable decline in the morale of Ukrainian society"

Merz aligning with Zelensky, could become his 'accomplice' in war crimes — Russian MP

"Germany’s intention to supply long-range cruise missiles to the Ukrainian army has nothing to do with resolving the Ukrainian crisis," Leonid Slutsky stressed

Bezos’ Blue Origin rocket takes all-female crew on debut tourist trip

The capsule landed safely after taking the six-woman team on a 10-12 minute trip into suborbital space

Yesterday, 10:25

Russia says its forces liberated Yelizavetovka in the Donetsk People’s Republic

Russian forces hit a Ukrainian storage site of tactical missiles, an airfield and a training center for drone operators, the Russian Defense Ministry added

US makes great progress in trade negotiations with EU — White House

"It’s going to be very good for American workers, especially American auto workers," White House economic advisor Kevin Hassett said

Russia invites 19 countries to Victory Day parade on Red Square — minister

According to Andrey Belousov, solemn events involving military personnel will be held in 370 settlements

Zelensky admits inability to regain lost territories

At the same time, he noted his distrust of Russian authorities and continued to demand security guarantees from the West

Russia has proof its strike hit Ukrainian commanders’ meeting at facility in Sumy — Lavrov

"There are military officers from NATO countries present, and they are directly in command," the top Russian diplomat said

Russia's downing of Ukrainian F-16 shows hoopla around jet overblown, general says

Major-General Vladimir Popov argued that Ukrainian pilots have trouble with the multirole fighter jet because, among other things, they are not accustomed to the layout of the cockpit

Russian bomb expert describes Ugledar tunnels as grave for numerous Ukrainian troops

It is reported that the tunnels created a wide network covered by buildings

Uncontrolled AI growth in US could doom humanity — Chinese ambassador

Zhang Hanhui stressed that China regards security as a fundamental principle of AI development, "emphasizing the priority of ethical norms and the need to keep AI under control"

Ukraine’s fleet of F-16s is comparable to drop in the sea — expert

On April 13, the Russian Defense Ministry reported that one of the Ukrainian Air Force's F-16 aircraft had been shot down by Russian air defenses

Ukrainian troops in Kursk Region deflated, actively surrendering — Russian officer

Army General Valery Gerasimov, chief of the General Staff of the Russian Armed Forces and first deputy defense minister, said on March 12 that around 430 Ukrainian soldiers had been captured in the Kursk Region

23 Aug 2017, 09:33

Russia’s ‘soldier of future’ combat gear proves its worth in Syria

None of the elements of the combat gear’s protection was ever pierced, the system's developer said

Hungary not supporting new EU energy sanctions against Russia — Foreign Minister

Proposals were made to add several Russian ministers and the deputy prime minister of Serbia into the sanction list

Hamas may provide data on hostages' condition by end of week — TV

Sources say they will do so if there is "progress" in the ongoing negotiations

Ukrainian army leaving positions in Gornal community in Kursk Region — officer

The artillery of Russia’s 30th Motor Rifle Regiment has cut off all the supply routes for the Ukrainian combat group in the village of Gornal, he said

Russian forces strike Ukrainian army, foreign mercenaries in 137 areas over past day

Russia’s Battlegroup Center inflicted roughly 420 casualties on Ukrainian troops and destroyed five enemy armored combat vehicles in its area of responsibility over the past day

China to remain unscathed by rare earths export ban, while leaving US scarred — expert

According to Antonina Levashenko, rare earth magnets account for a small portion of China's total exports to the United States and other countries

Russia plans to bring number of operational LNG plants to seven by 2030

Depending on the scenario, Russia’s LNG production is expected to reach 90-105 mln tons in 2030, 110-130 mln tons in 2036, and 110-175 mln tons in 2050

What we know about Russia’s Iskander strike on Ukrainian military command in Sumy

The strike on the target eliminated more than 60 Ukrainian army personnel, Russia’s Defense Ministry said

EBRD launches tender to find new investor for Moldova’s Giurgiulesti port

The port is located on Moldova’s short stretch of Danube river frontage and borders both Romania and Ukraine

Trade turnover between Russia and Indonesia reaches $4.3 bln in 2024

First Deputy Prime Minister Denis Manturov emphasized that Russia remains open to cooperation with Indonesia and Southeast Asian countries and is prepared to foster new cooperative ties across a broad range of sectors

Yesterday, 03:02

Russian ambassador to London denies any Russian threat to UK

"I am not going to deny it, but I wonder whether we really have an interest in following all the British submarine with very old outdated nuclear warheads," Andrey Kelin said

Acting German chancellor still resolute in refusal to provide Taurus missiles to Kiev

German Defense Ministry Spokesperson Natalie Jenning, in turn, noted that the ministry preferred not to speculate on the subject

Israel proposes temporary ceasefire to Hamas — Egyptian TV

According to the Al Hadath television channel, Israel insists on Hamas’ disarmament as one of the conditions

Kremlin believes Germany’s Merz wants Ukraine conflict to escalate

"We are seeing the same approach in other European capitals as well," Dmitry Peskov added

Trump says expects "very good proposals" on Ukraine soon

The US President stressed that he wanted to stop the killing

Yesterday, 13:49

Hamas insists on ceasefire, hostage exchange as part of deal with Israel

Hamas delegation is currently in Cairo to discuss with the mediators "prospects for ending the war and opening checkpoints on the border with Gaza" to resume humanitarian deliveries to the enclave

China to impose visa restrictions on US citizens over Tibet issue — foreign ministry

Tibetan issues are exclusively part of China's internal affairs, Lin Jian stressed, adding that China welcomes tourist visits and business contacts by friendly foreigners in this Chinese southwestern region

Technology to jam Starlink signal begins to be used in Kherson Region — governor

This technology has already started to be deployed, and the effects are already being felt, Vladimir Saldo stressed

Russia not coming after anyone to lift sanctions — Lavrov

According to the Russian Foreign Minister, in trade relations with the United States, "everything will depend on how they plan to implement this - the resumption of economic cooperation"

World’s largest chipboard plant opened in Kaluga Region

Russian President Vladimir Putin took part in launching the facility via the video link

14 Aug 2019, 05:40

Reconstruction works for Russia’s Losharik submarine demaged in fire to begin this fall

Fourteen sailors lost their lives in the tragedy on July 1

Russian army clears Ukrainian fortifications near liberated Guyevo in Kursk Region

Russian forces continue their offensive, with some Ukrainian units abandoning their positions and retreating toward the Sumy Region

It makes grown man cry: Ovechkin says shed tears of joy after breaking Gretzky record

Alexander Ovechkin recently extended his own NHL record for regular season goals after scoring his 896th against the Columbus Blue Jackets

Yesterday, 22:19

Putin’s Direct Line Q&A session to be held this year — Kremlin

According to presidential spokesman Dmitry Peskov, this is a format that has repeatedly confirmed its demand, its informational value

Little chance of direct confrontation between Russia, EU, NATO — Russian diplomat

According to Mikhail Ulyanov, European countries "are used to live in comfortable conditions and can hardly imagine themselves as a party to a conflict"

Storm Shadow manufacturer to increase missile production amid pressure from military

The concern has already invested tens of millions of euros into the modernization of its production line, including by adding more robotic machines and expanding shifts

Russia to continue increasing LNG exports — deputy PM Novak

According to the deputy prime minister, the strategy also provides for the diversification of resource supplies, the development of new logistics routes, including the Northern Sea Route

Russian officer details Ukrainian mining tactics in Guyevo

He also highlighted the critical role of reconnaissance units in evacuating civilians from combat zones, noting that only experienced guides can safely lead people out

Real wages in Russia rise by 6.5% in January — statistics

The average monthly nominal wage of employees in organizations amounted to 88,981 rubles ($1,056) in January

Lavrov sees ‘men of sense’ in new US administration

According to the foreign minister, Russia works with them to resolve basic issues related to the day-to-day operations of the diplomatic mission

1 Mar 2021, 10:57

No need to recognize ‘annexation of Crimea’ as no annexation took place — Kremlin

The spokesman recalled that the peninsula reunited with Russia in compliance with all norms of international law

Bank of Russia lowers dollar exchange rate to 82.77 rubles for April 15

The official yuan exchange rate has been lowered by 22 kopecks to 11.2274 rubles

Number of dollar millionaires living in Moscow decreases by 25% over past decade

In 2025, Moscow ranked 40th on the list of the world’s richest cities according to Henley & Partners, down two spots from last year

Russian forces gain fire control over roads to Kursk Region monastery — officer

According to the report, assault teams are fighting to liberate the monastery

Lavrov advises Central Asian countries to 'outlast' Kaja Kallas in her position

"It will probably be much easier than tolerating damage to their own people," the top Russian diplomat noted

Referendum on Ukraine's EU accession kicks off in Hungary

Voting will continue until the end of May, and its results will be summarized under strict control with the participation of a notary

Russian government approves energy strategy until 2050

The updated strategy expands the planning horizon and takes into account existing challenges, which should allow the oil, gas, coal, electric power, power engineering and related transport sectors to more accurately meet the changes taking place in the world

US recognizes idiocy of Biden's team's decision not to talk to Russia — Lavrov

He said that Russia and the United States, as responsible international players, must do everything to ensure that differences in national interests 'do not slide into confrontation'

UNRWA humanitarian stockpiles in Gaza Strip running out

Philippe Lazzarini noted that the Gaza Strip has been "completely sealed off", as Israel is seeking to exert pressure on Hamas and set the enclave’s residents against it

19 Apr 2022, 10:11

Russian Defense Ministry publishes losses of Ukraine’s National Guard

On April 18, the Defense Ministry made public the first lists containing personal data of Ukrainian soldiers killed in action

Hamas says ready to release Israeli-US hostage in exchange for guarantees — media

The Cairo consultations, according to the sources, addressed "several proposals" on a potential deal between Israel and Hamas

Russian forces only hit military targets — Kremlin comments on Sumy strike

Earlier, Igor Korotchenko, military analyst and editor-in-chief of the National Defense magazine, told TASS that the Russian missile strike had targeted an administrative building in Sumy hosting an awarding ceremony for Ukrainian service members who had distinguished themselves in fighting against the Russian Armed Forces

Putin orders mandatory health screenings for migrants in Donbass, Novorossiya

In addition to the HIV-free certificate, foreigners will also need a similar document for infectious diseases that pose a danger to others

Two days ago, 10:52

Russia-US negotiations progress towards lifting American sanctions — expert

Jeffrey Sachs added that he saw no pressing risks for Russia at the moment regarding US President Donald Trump's policy on customs duties

Press review: Russia-US Ukraine talks continue as Iranian-US Oman meeting makes headlines

Top stories from the Russian press on Monday, April 14th

Syria’s ambassador asks Russia for asylum — TASS source

Earlier it became known that Jaafari was notified of his recall to Damascus and the change of the head of Syria’s diplomatic mission in Russia

EU plans to hold informal ministerial meeting in Ukraine in May — top Hungarian diplomat

Peter Szijjarto expressed concern over the meeting, saying that it was yet another step toward protracting the Ukrainian conflict

Ukraine's actions in Kursk Region should be recognized as genocide — senator

Alexey Kondratyev also recalled one of the atrocities committed by the Ukrainian army in the Kursk Region, citing the case of a woman from the Russkoye Porechnoye of the Sudzhensky district starving to death during the occupation of the settlement

Ukrainian army running low on supplies in Gornal settlement in Kursk Region — officer

As soon as the enemy’s infantry and equipment come within the sight of Russian artillery, it immediately delivers a strike and the "adversary runs back to its territory," he added

Russian envoy inquires Rubio about Ukrainian attacks on Russian civilians

Mikhail Ulyanov commented on Marco Rubio’s statement expressing condolences to Ukrainians over strikes on Sumy

21 Dec 2024, 04:29

CIA station in Kiev targeted in recent Russian attack, military expert reveals

According to Alexander Stepanov, strikes are systematic efforts to gradually wipe out the military capabilities of Ukraine

25 Oct 2021, 15:32

Putin grants Russian citizenship to actress and singer Natalia Oreiro and her son

Natalia Oreiro said in an interview that she had applied for Russian citizenship in June 2020

24 Aug 2022, 05:10

Turkey believes Crimea should be returned to Ukraine if agreement signed with Russia

According to Recep Tayyip Erdogan, the return of Crimea to Ukraine, of which it is an inseparable part, is essentially a requirement of international law

Share of domestic products in Russia’s timber industry up to almost 90% in five years

The import substitution policy has been successfully pursued in Russia’s timber industry, Russian Industry and Trade Minister Anton Alikhanov noted

London sends Ukraine second tranche of loan from frozen Russian assets

The sum of the tranche is 752 million pounds ($990 million), which will be used to purchase air defense systems and artillery

Ruble strengthens against yuan by 3.65% on Moscow Exchange in March

At the beginning of March, the Chinese currency showed growth and rose to 12.35 rubles by March 5

Two days ago, 23:12

Russia’s import-substituted SJ-100 plane rises to 12,200 meters during test flight

The flight lasted about three hours

Moldova’s Victory bloc demands Gagauzia’s rights be reinstated

Earlier in the day, Moldova’s Constitutional Court annulled a number of legal provisions that bound the country’s prosecutor general to appoint Gagauzia’s prosecutor in coordination with the autonomy’s authorities

Sunken fragments of oil tankers contain 3,919 tons of fuel oil — Russian Deputy PM

According to the Russian Ministry of Transport, about 2,400 tons of oil has leaked into the Black Sea

Russia insists on checking Kiev's compliance with future settlement schemes — Lavrov

According to him, Europe will do everything to ensure that the Kiev regime is preserved

US delivers massive airstrikes on Houthi infrastructure in Yemen

The Houthi-affiliated Al Masirah television channel reported at least 15 attacks on the Marib governorate

Syria’s ambassador has no plans to return to Damascus for now — source

Earlier, the source said that Bashar Jaafari had requested asylum in Russia

Russian court rules that US citizen Tater be committed to psychiatric hospital

The US citizen is accused of assaulting a police officer

14 Sep 2013, 15:34

Gazprom becomes official partner of FIFA competitions

Blatter said it was "a great honour for me that you are with us today as we conclude a cooperation agreement with our new partner, Gazprom"

Oil tanker disposal should not create new problems — Putin

"The casing proper and everything being done around this tanker must be part of the future work on evacuation of petroleum products and complete disposal of the tanker’s hull," the head of state stressed

EU diplomacy chief warns members against attending Moscow's Victory Day parade

When asked whether EU leaders planned to visit Kiev on May 9, Kaja Kallas responded that she encouraged representatives from all EU countries "to visit Kiev and Ukraine as much as possible to show solidarity"