Urals crude rises above $110 in Russian western ports
calculated Urals prices at western ports jumped above $110 per barrel Tuesday, highest since April 2026, on strong demand as Brent remained firm.
Prices for Russia's flagship Urals crude at its western ports rose above $110 per barrel on Tuesday, Reuters calculations based on data from two traders showed, marking the highest level since April 2026. Higher oil prices boost Russia's budget revenues, which depend heavily on oil and gas income.