Russian oil costs more than $100: what will this help the budget? The average price of Russian Ural export oil exceeded $100 per barrel in October. To be exact, it was $101.46 each. The last time the average monthly price of a Russian bol exceeded $100 was in 2014. Such data were published by the Russian Ministry of Economic Development. What caused the increase in the value of the local "black gold" and how long will it last? MK referred this question to an expert. Photo: Lilia Charlovskia.