CGOI down to 16,104 rubles a ton
As of June 1st, Cortez Gas Oil Index dropped by 16 rubles from the previous trading session, to 16.104 rubles a ton of gasoil, the Exchange trading data said.
Cortez Gasoil Index is the average price of 19 Russian refineries, based in the European part of Russia, at all points of quotation. The index is calculated in rubles per ton, Excise Tax & VAT. Since April 16th the RTS Exchange, St. Petersburg Stock Exchange have been trading futures contracts on the calculated summer diesel fuel. The futures contract price is the CGOI value.
Cortez Gasoil Index is the average price of 19 Russian refineries, based in the European part of Russia, at all points of quotation. The index is calculated in rubles per ton, Excise Tax & VAT. Since April 16th the RTS Exchange, St. Petersburg Stock Exchange have been trading futures contracts on the calculated summer diesel fuel. The futures contract price is the CGOI value.