RusEnergy

RBC, 04.10.2006, Moscow 17:27:44 - Urals crude dropped by more than 1 percent on the RTS today. The prices on deals fell below USD55 per barrel. October futures were last trading at USD55.85 per barrel, which is 1.15 percent lower than the closing price at the previous session. The spread on deals was USD54.90 - USD55.85 per barrel today. The low on today's deals with October futures hit a record low for the whole period of their trading on the RTS. Some 13 deals were made on the RTS today against 22 transactions at yesterday's session. The trade volume exceeded RUR4.9m (approx. USD183,314) compared to RUR8.8m (approx. USD329,218) at this time yesterday. Low interest in deals with Urals futures may be attributed to a decline in oil prices on international exchanges.