Argus Russian Domestic Crude Market
A daily review of the Russian domestic crude market
Overview
The report provides a coverage of events in Russian crude market, spot prices and details of spot trading, formula prices based on global price assessments, domestic market balance data and other price factors.
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Key features
Spot price assessments
Daily spot prices (Urals fip west Siberia SPOT)
Formula-based price assessments and netbacks
Formula-based price assessments for Russian crude (Urals fip west Siberia FORMULA, Urals fip west Siberia FORMULA (India), Urals fip Volga region FORMULA, Urals fip Timan-Pechora FORMULA, ESPO Blend fip west Siberia FORMULA)
Market situation
Overview of the Russian crude market
Benchmarking
Comparative analysis of domestic and export crude sales
Historical price data
Historical price data from 2006
Fob price assessments
Fob Primorsk and fob Novorossiysk price assessments for Russian crude
Customers that benefit
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Buyers and sellers of Russian crude
Use the price assessments to trade in pipeline and rail cargoes of crude in different regions of Russia — both in the spot market and under term contracts;
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The largest Russian vertically integrated oil and gas companies
Use the price assessments to sell crude to third-party companies and their own subsidiaries. The price assessments are used by government agencies: the Federal Tax Service (in accordance with the law on transfer pricing), the Federal Antimonopoly Service (to justify the prices in transactions). Companies also use our price assessments to assess tax payments
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Independent producers and refiners of Russian crude as well as traders
Use the information when entering into transactions;
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The pipeline operator and government agencies
Use the price assessments and analytical information in the report to monitor the Russian crude market.