According to CoinMeta, the sea freight costs for Russian Urals crude oil have dropped significantly, with the transportation cost per barrel falling to $25. Trade sources indicate that as global oil prices and tanker transportation costs have decreased markedly, the freight rates for transporting Urals crude oil from western Russian ports to Asia at the beginning of November have retreated from historical highs. With Russian refineries once again being targeted by drone attacks, more crude oil is being directed towards exports, and it is expected that the volume of crude oil shipped in November may exceed planned levels, which could limit further significant reductions in Urals crude oil freight rates. In late October, the freight rate for transporting Urals crude oil to India reached a record high, at around $30 per barrel or more, but it has now dropped to about $25. Using Aframax tankers with a capacity of approximately 100,000 tons to transport crude oil from Russian Baltic ports to western India, the average one-way freight cost is around $19 to $21 million, which is lower than the approximately $23 million in late October. On the Baltic to India route, Suezmax tankers with a capacity of about 140,000 tons currently have an average one-way freight cost of around $23 million, which is lower than the $27 million at the end of last month.