Crude Oil · Physical Market
CPC Blend Crude Oil Price Today — FOB Novorossiysk
Daily CPC Blend FOB Novorossiysk assessments in USD/bbl, with price history, CPC Dated differential and indicative delivered costs across supported tanker routes.
-8.83 USD/bbl · -10.44%
CS Range: $75.28–$76.27
2 Nov 2026 · London 16:30 · 20–40 days forward
FOB Novorossiysk CPC Terminal
vs CPC Dated strip−$32.12/bbl
Published FOB netback. The midpoint is anchored to this source value; it is not a directly observed FOB transaction.
CPC Blend price history
FOB Novorossiysk assessments · USD/bbl
USD/bbl · Calendar gaps are not interpolated.
Premium / discount to CPC Dated strip
−$32.12/bbl
Differential history
USD/bbl · Calendar gaps are not interpolated.
Indicative delivered cost
Indicative delivered costs in USD/bbl, not published CIF.
Indicative delivered cost
CPC Terminal → Mediterranean
Suezmax 135kt · Regional freight proxy
$109.45 /bbl
17 Sep 2026
| FOB CPC Blend | $97.74 |
|---|---|
| Ocean freight | $7.84 |
| War risk | $2.90 |
| Route costs | $0.91 |
| Base cargo insurance | $0.06 |
| Indicative delivered cost | $109.45 |
FOB vs delivered cost
- CPC Blend FOB
- Indicative delivered cost
USD/bbl · Calendar gaps are not interpolated.
Delivered cost change +$0.43/bbl16 Sep 2026 → 17 Sep 2026 · Crude +0.69 · Freight +0.04 · Route costs -0.30
Market context
CPC Blend Suezmax fell $8.83/bbl on 2 Nov 2026 to $75.78/bbl, while its discount to CPC Dated strip narrowed to $32.12/bbl. Delivered cost to Mediterranean increased by $0.43/bbl, with freight contributing +$0.04/bbl.
Data basis
FOB Novorossiysk CPC Terminal assessment · London 16:30 · 20–40 days forward. Methodology →
Data details
- Crude assessment cargo basis
- Suezmax · 130,000 mt standard
- The August 2026 source symbol table still lists 140,000 mt for this series; current methodology prose and the implementation note specify 130,000 mt. The table figure is recorded as a document inconsistency, not as an alternative basis.
- Delivery scenario cargo basis
- Suezmax 135,000 mt
- Price basis 130,000 mt; freight assessment basis Suezmax 135,000 mt. No size normalisation is applied, so this scenario is a regional freight proxy.
- Evidence
- Published FOB netback
History uses immutable published records. Gaps remain visible and are not interpolated.
Indicative delivered cost is a scenario for a supported destination and vessel. Full component provenance lives in the Delivered Cost Monitor.