The price of Russian Urals oil fell by 9.5% in 2014
The price of Russian Urals oil fell by 9.5 percent in 2014 to $97.6 per barrel, told TASS. Alexander Sakovich, a leading expert at the Tax and Customs Tariff Policy Department of the Russian Finance Ministry, Today, at the auctions of the Intercontinental Futures Exchange ICE, the cost of a barrel of benchmark Brent oil fell below $39. In 2013, the average Urals price was $107.88 per barrel, down 2.39 percent from 2012.