Latest News for: urals oil

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Russia reduces oil and gas export revenue forecast by 15% for 2025–27

Offshore Technology 23 Apr 2025
Oil and gas sales are crucial for Russia, comprising roughly one-third of the state budget income ... In April, Urals oil prices dropped to their lowest mark since 2023, around $53 per barrel (bbl), and remained below $60/bbl last week.
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Weekly Review Of Azerbaijani Oil Prices

MENA FN 21 Apr 2025
(MENAFN - Trend News Agency) BAKU, Azerbaijan, April 21.? The average prices of Dated Brent, Azeri LT CIF, Azeri Light FOB Ceyhan, and Urals (EX NOVO) crude oil increased this week, Trend ... .
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Russian Economic Officials Brace for Lowest Oil Prices Since Pandemic

Moscow Times 21 Apr 2025
Russian authorities are bracing for a continued slump in oil prices, with the Economic Development Ministry significantly reducing its 2025 forecast for the average price of Urals crude to $56 per barrel ... Oil , Economy.
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Vladimir Putin’s Russia isn’t actually safe from Trump’s trade war

Cryptopolitan 20 Apr 2025
Since Urals already sells at a discount, that means Russia’s oil could fall under $50 ... Renaissance Capital told clients low oil prices could lead to a “hard landing.” They said if Urals stays at $50 this year, Russia’s GDP might only grow 0.1%.
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Russia-Ukraine talks reach pivotal moment for Trump

The Hill 18 Apr 2025
“The price of oil is low because of fears of a recession; Russia's economic position is even more vulnerable ... But recently the price of Russian crude oil, called Urals, has dipped close to $50 per barrel.
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Russian oil prices are sliding. That's not enough to stop Putin's war machine — yet.

Business Insider 17 Apr 2025
Russia's Urals crude oil was trading this week at about $51 a barrel at Primorsk in the Baltic Sea, one of the country's biggest oil ports ... "The Urals price slump will pinch Russian oil revenues, but ...
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Kyklades aframax tanker heads to Turkey with Russian oil after Tupras U-turn

Tradewinds 17 Apr 2025
Three trading sources, backed up by shipping data, told Reuters ...
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Turkish Refiner Tupras Resumes Buying Russian Crude

MarineLink 16 Apr 2025
Turkey's largest oil refiner Tupras has returned to buying Russian Urals crude cargoes, after it stopped doing so earlier this year due to stronger U.S ... Russian oil priced at or above $60 a barrel.
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Key Turkish Refinery Gets Back Into Russian Oil

Oil Price 16 Apr 2025
Turkey’s top oil refiner, Tupras, has resumed purchasing Russian Urals crude oil after a brief halt earlier ...
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Top Turkish refiner Tupras resumes buying Russian Urals crude

Hydrocarbon Processing 16 Apr 2025
Turkey's largest oil refiner Tupras has returned to buying Russian Urals crude cargoes, after it stopped doing so earlier this year due to US sanctions on Moscow, according to three trading sources and shipping data ....
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Between Trump's Tariffs and an Oil Price Slump, How Bad Do Things Look for Russia’s Economy?

Moscow Times 15 Apr 2025
But it could suffer from the collapse of oil prices and rising costs of imports ... For budget planning purposes, the Russian government expected the Urals price, a Russian blend of oil traded at a discount to Brent, to average $69.70 per barrel in 2025.
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One unexpected side effect of Trump’s tariffs

Vox 15 Apr 2025
Workers servicing an oil well November 11, 2004, on the Ust-Balick oil field near Nefteyugansk, West Siberia, Russia ... Russian Urals grade oil fell to $50 a barrel recently, its lowest level since 2023.
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Trump tariffs: Concern grows over falling oil prices

The Times of India 15 Apr 2025
According to data compiled by news agency Reuters, Russia's Urals benchmark oil price for cargoes loading from the ports of Primorsk, Ust-Luga and Novorossiisk fell to around $53 per barrel last ...
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