Russia's Urals Crude Prices Drop 60% Since March Peak

Hyperdash NewsCommodities

Urals crude prices at western ports have dropped 60% since their peak in March. The price for Russia's Urals crude is now below $45 per barrel. This decline indicates a substantial change in the market for Russian oil.

The fall in Urals crude prices could influence global crude benchmarks. This shift follows a period of higher prices earlier in the year. The early reaction on Hyperdash:

WTI Crude is up +0.30% and Brent Crude is up +0.32%.

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