The average price of Russian Ural oil in September exceeded $80 per barrel, reaching $83.08. In this respect reported On the Telegram channel of the Ministry of Finance of the Russian Federation.
This is more than $20 more than the ceiling price set by the West. According to the Ministry of Finance, the average price per barrel for the Urals in January-September was $ 59.54. For comparison, a year ago that figure was $80.58.
The price of Russian oil exceeds the $60 per barrel limit set by Western countries for sea delivery. Bloomberg expert Julian Lee in the name Cancel this restriction, stating that it has almost no impact on Russia’s income, but increases the risk of environmental disaster.
The rise in oil prices is due to production cuts by Russia and Saudi Arabia. In September, analysts raised their 2023-2024 oil price forecasts. They expect Brent to average $84 per barrel next year.
Analyst Antonov in mid-September named Three reasons why the Urals will break the $60 per barrel ceiling
Previously the media said that Russian oil carried With prices above the ceiling on European ships.