REBCO (Russian Export Blend Crude Oil) - it's sort of the Russian export oil mixture formed in thepipeline system "Transneft" by mixing heavy sour oil Volga-Urals and Western Siberia, sweet crude oilcorresponding to the characteristics to make Urals. Currently, the use of appropriate designation Urals
(REBCO) - for oil grade Urals, exported from the Russian Federation through the ports of Primorsk andUst-Luga.
Urals oil is a reference oil brand used as a basis for pricing for the Russian export oil mixture. It is amix of heavy, high-oil of Urals and the Volga region with light oil of Western Siberia. Other referenceoils are Brent, West Texas Intermediate and Dubai.
Urals brand oil is supplied through Novorossiysk pipeline system and the Druzhba pipeline. In Russia, oilfutures class Urals trade on the stock exchange Russian Trading System. At NYMEX it is known under thename of REBCO (Russian Export Blend Crude Oil).