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2010 April 20   15:11

CGOI falls 67 rubles, to 16.999 a ton

As of April 20th, Cortez Gas Oil Index dropped by 67 rubles since the previous session to settle at 16.999 rubles a ton of gasoil, the Exchange trading report said.

Noteworthy, the RTS jointly with St. Petersburg Stock Exchange began on April 16 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.

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