Urals, a blend of heavy sour oil from the Urals mountains and Volga river region and light oil from Western Siberian fields, has traded at a hefty premium of more than $2 per barrel to dated Brent ...

Urals sales in Asia have already matched half of last year's volume, pointing to record shipments in 2023, the data showed. Some Russian crude still reaches Europe, as well.

Russia’s export oil, Urals, has soared past the Brent benchmark in Europe in terms of its price growth, surging above $88 per barrel for the first time since October 2014, according to the data ...

Urals loading from the Mediterranean is $1.52 a barrel higher than in northwest Europe, the data show. That’s the biggest premium since Dec. 31, 2004.