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Urals Prices Fall to Six-Week Low at Russian Ports

Urals crude prices at Russia’s Baltic and Black Sea ports fell to their lowest in one and a half months this week, Reuters monitoring and LSEG data show, as dated Brent weakened and freight costs stayed high.

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Reuters monitoring and LSEG data show Urals crude prices at Russian Baltic and Black Sea ports fell to a six-week low this week. The dated Brent benchmark also declined, while freight costs remained high (1$=82,8879 ).