Urals Oil Spot Price

Urals oil is a type of crude oil blend primarily sourced from oil fields in Russia and the Urals region. It serves as a key commodity in global oil markets, often used as a benchmark for pricing medium sour crude oils in Europe and Asia. Urals oil has a medium sulphur content and density, making it suitable for refining into a wide range of petroleum products, including gasoline, diesel fuel, and heating oil. Major producers include Russia's state-owned oil companies, such as Rosneft and Lukoil.