Russia exported crude oil for an average price of 569.7 U.S. dollars per metric ton in January 2022. The average price of the fossil fuel marked an increase from the previous month. A sharp decline occurred in the spring of 2020, impacted by the COVID-19 pandemic and the oil price conflict with Saudi Arabia. A similar trend was observed in the price of Urals, Russia's major crude oil export brand.
Average price of crude oil exported from Russia from January 2019 to January 2022
(in U.S. dollars per metric ton)
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Russian Federal State Statistics Service. (March 23, 2022). Average price of crude oil exported from Russia from January 2019 to January 2022 (in U.S. dollars per metric ton) [Graph]. In Statista. Retrieved November 15, 2024, from https://www.statista.com/statistics/1266880/russia-export-crude-oil-prices/
Russian Federal State Statistics Service. "Average price of crude oil exported from Russia from January 2019 to January 2022 (in U.S. dollars per metric ton)." Chart. March 23, 2022. Statista. Accessed November 15, 2024. https://www.statista.com/statistics/1266880/russia-export-crude-oil-prices/
Russian Federal State Statistics Service. (2022). Average price of crude oil exported from Russia from January 2019 to January 2022 (in U.S. dollars per metric ton). Statista. Statista Inc.. Accessed: November 15, 2024. https://www.statista.com/statistics/1266880/russia-export-crude-oil-prices/
Russian Federal State Statistics Service. "Average Price of Crude Oil Exported from Russia from January 2019 to January 2022 (in U.S. Dollars per Metric Ton)." Statista, Statista Inc., 23 Mar 2022, https://www.statista.com/statistics/1266880/russia-export-crude-oil-prices/
Russian Federal State Statistics Service, Average price of crude oil exported from Russia from January 2019 to January 2022 (in U.S. dollars per metric ton) Statista, https://www.statista.com/statistics/1266880/russia-export-crude-oil-prices/ (last visited November 15, 2024)
Average price of crude oil exported from Russia from January 2019 to January 2022 (in U.S. dollars per metric ton) [Graph], Russian Federal State Statistics Service, March 23, 2022. [Online]. Available: https://www.statista.com/statistics/1266880/russia-export-crude-oil-prices/