Russian oil has risen by almost 40%

Российская нефть с начала года подорожала почти на 40%

In August, the average price of Urals oil amounted to $71,72 per barrel compared to $a 51.02 per barrel in August last year.

The average price of Russian Urals oil in January-August 2018 $69,73 per barrel. It is reported by the Ministry of Finance of the Russian Federation on 3 September.

In the same period of 2017 she is an average farm $50,09 per barrel, so this year it increased by 39%.

In August the average oil price amounted to $71,72 per barrel compared to $a 51.02 per barrel in August last year.

By the end of 2017, the price of oil Urals went up by 26.6% to $53,03 per barrel.

We will remind that last week oil has risen to a month high. Brent crude oil topped $ 78 per barrel, while WTI was trading above $ 70. So the market reacted to the reduction of stocks in USA.

Previously, Russia has forecast a decline in oil prices to $55-60 per barrel in late 2018 – early 2019.

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