- Company : NEOTEKOIL
- Region : Moscow City , Russian Federation
- Category : Chemicals > Petroleum Additives
- Specification : crude oil,REBCO,fuel
- Quantity : 500000
- Price : 320
- Contact Person : Yuriy Marchenko|||Director
- Telephone :
- Fax :
- Mobile phone :
- Email : [email protected]
- Update : Mar/23/2015
Product Details
Russia is the world's second largest producer of crude oil and also one of the world's top oil exporters. Russian export blend crude oil (REBCO) is a medium gravity sour crude that accounts for exports of approximately 4 million barrels per day into the Atlantic Basin or to other nearby refining markets. The New York Mercantile Exchange, Inc., the world’s largest energy marketplace, has developed a proposed REBCO futures contract in collaboration with Expertica Ltd. The expected benefits of a REBCO futures contract are continuous price discovery, market transparency, and financial protection against the risk of counterparty default.
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