Average price for Urals oil in March grew 2.2 times

The average price for Urals oil in March 2021 increased by 2.2 times in annual terms, to $63.62 per barrel, according to the Russian Finance Ministry, Report informs referring to TASS.

“The average price for Urals oil in March 2021 was $63.62 per barrel, which is 2.2 times higher than in March 2020 ($29.17 per barrel),” the Finance Ministry notes.

The average price for Urals oil in January-March 2021 was $59.8 per barrel, in January-March 2020 - $48.18 per barrel.