Oil Prices News


Urals Oil Prices at Russian Ports Rise Amidst Cheaper Freight Costs

Apr 15, 2026

The discount for Russian Urals oil on a FOB basis for cargoes loading from the Baltic port of Primorsk in April narrowed to $15-$17 per barrel versus dated Brent from about $24-$27 per barrel in the second half of March, as falling freight rates reduced costs for Russian sellers…

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