CGOI up to 17,040 rubles a ton
As of June 29th, Cortez Gas Oil Index rose to 17,040 rubles/ton of diesel fuel from the previous trading session (+6 r), 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.