Ural
Urals is a Russian export crude oil blend, primarily drawn from West Siberian fields and shipped mainly through Baltic and Black Sea ports. It serves as the main price benchmark for Russian oil sold to buyers outside the Western sanctions regime and has historically traded at a discount to Brent and Dubai. The grade is classified as medium-sour and has been one of the largest non-sanctioned crude export streams in the world.
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Ukrainian drones reported to target Samara oil-transfer station in Russia
Ukrainian drones attacked the Samara oil-transfer station near Prosvet in Russia’s Samara Oblast, according to reports from local residents and open-source analysis. The reported strike caused explosions, heavy smoke and a fire, while Russian officials confirmed a regional drone attack without identifying the station as the target.
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Russia’s weekly seaborne oil export revenue hits record $2.76 billion
Russia’s seaborne crude oil export revenue reached a record $2.76 billion in the week ending October 25, up roughly $430 million from the previous week. Weekly tanker loadings increased, but the four-week average export volume fell to 3.55 million barrels per day, its lowest level in five weeks.
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Russia's weekly seaborne oil revenue hits record $2.75 billion since full-scale invasion
Russia's seaborne crude export earnings reached $2.75 billion in the week to September 27, the highest weekly figure since the start of the full-scale invasion of Ukraine, driven by higher volumes and rising Urals and ESPO prices. The jump comes as Ukrainian drone strikes have reshaped Russia's export mix and Moscow's own diesel export ban partially offsets the gains.