- It is reported that the discount was about $21-22 a month ago and lost about $1 over the month
According to TASS, Russia's state-owned news agency article published on October 19, 2022, the spot market discount for the Russia’s Urals export oil blend against Brent was $20-21 a barrel from October 10 to 14, Petromarket Group says in its research.
"The discount in the price of the Russian Urals oil against Brent was varying in the range of $20-21 a barrel during the last workweek," the Group says.
The discount was about $21-22 a month ago and lost about $1 over the month, according to Petromarket. It stood at $25 per barrel in mid-August and $40.2 per barrel in July.
