Crude Oil · Physical Market
Urals Novorossiysk Crude Oil Price Today — FOB Novorossiysk
Daily Urals Novorossiysk FOB assessments in USD/bbl, with price history, Mediterranean Dated differential and indicative delivered costs across supported tanker routes.
-9.36 USD/bbl · -10.16%
CS Range: $82.17–$83.39
2 Nov 2026 · London 16:30 · 10–25 days forward
FOB Novorossiysk
vs Mediterranean Dated strip−$26.45/bbl
Urals Novorossiysk price history
FOB Novorossiysk assessments · USD/bbl
USD/bbl · Calendar gaps are not interpolated.
Premium / discount to Mediterranean Dated strip
−$26.45/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
Novorossiysk → Mediterranean
Suezmax 140kt · Regional freight proxy
$100.28 /bbl
2 Nov 2026
| FOB Urals Novorossiysk | $82.78 |
|---|---|
| Ocean freightRegional freight proxy | $10.30 |
| War riskPublished premium, same date | $5.00 |
| Route costsTurkish Straits delay, same date | $2.14 |
| Base cargo insuranceModel assumption | $0.06 |
| Indicative delivered cost | $100.28 |
FOB vs delivered cost
- Urals Novorossiysk FOB
- Indicative delivered cost
USD/bbl · Calendar gaps are not interpolated.
Delivered cost change −$9.71/bbl30 Oct 2026 → 2 Nov 2026 · Crude -9.36 · Freight -0.92 · Route costs +0.58 · Insurance -0.01
Market context
Urals Novorossiysk Suezmax fell $9.36/bbl on 2 Nov 2026 to $82.78/bbl, while its discount to Mediterranean Dated strip narrowed to $26.45/bbl. Delivered cost to Mediterranean decreased by $9.71/bbl, with freight contributing −$0.92/bbl.
Data basis
FOB Novorossiysk assessment · London 16:30 · 10–25 days forward. Methodology →
Data details
- Crude assessment cargo basis
- Suezmax · 140,000 mt
- Delivery scenario cargo basis
- Suezmax 140,000 mt
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.