On May 16, 2011 Urals futures (UR-5.11) and Brent futures (BR-5.11) contracts expired.
In accordance with the contracts’ specifications final settlement prices were calculated on May 17, 2011. The settlement prices amounted to:
- UR-5.11 – USD109.66 /barrel.
- BR-5.11 – USD122.66 /barrel.
