December 16, 2022

Seven Russian crudes are trading, 5 of which are light/low sulphur content and 2 are heavy/high sulphur content.

• The most common one is Urals (based on volume), a blend of heavy/high sulphur oil and lighter/low sulphur oils. Urals trades at a large discount due to the high sulphur content.
• Volumes of other crudes are relatively small.

See Also:

1. Russian Oil Export Worldwide 2020-2021
2. Russian Oil Production Basins

References: