Russian Export Blend Crude Oil

Russian Export Blend Crude Oil (REBCO), also known as Urals oil, is a medium gravity sour crude. It is a mix of heavy oil from the Urals and the Volga region with light oil of Western Siberia.


REBCO futures are traded at the NYMEX under ticker symbol R2. Contract size is 1,000 barrels with a contract price quoted in US Dollars and Cents per barrel. Delivery dates take place every month of the year. Russia is the world's second largest producer of crude oil and also one of the world's top oil exporters.


REBCO accounts for exports of approximately 4 million barrels per day into the Atlantic Basin or to other nearby refining markets. There are two main qualities of export oil in Russia: Urals Blend and Siberian Light. Siberian Light, produced in Siberia, has a lower sulphur content and lower viscosity than Urals Blend – a mixture of crude oils consisting of Siberian Light with high sulphur oils produced in Russia’s European regions.


CRUDE OIL – REBCO SPECIFICATIONS:



RUSSIAN EXPORT BLEND CRUDE OIL [REBCO]
SPECIFICATIONS GOST 9965-76
DENSITY AT 20 DEG C KG/M % MAX 0.870
SULPHUR CONTENT % MAX 1.8
PARAFIN CONTENT % MAX 1.8
WATER AND SEDIMENT % MAX 1.2
ASH CONTENT % MAX 0.05
CHLORIDE CONTENT % MAX 100
DESTILATION:
UP TO 200 Degr. C. % MAX 21
UP TO 300 Degr. C. % MAX 41
UP TO 350 Degr. C. % MAX 50
INDEX API at 20C Degress % MAX 32,00
SALTS CONTENT, MG/L % MAX 100,00


RUSSIAN EXPORT BLEND CRUDE OIL [REBCO]
SPECIFICATIONS GOST P51858-2002
DENSITY AT 20°C KG/M % MAX 0.8695
VISCOSITY AT 80°C NOT MORE THAN 16.0
FLASH POINT (IN LOCKED CRUCIBILE), NOT MORE THAN +35°C
PRESSURE OF SATUREATED POURS UNDER 3°C KILIPASCAL/MM MERCURY COLUMN – 7/50
TEMPERATURE OF MELTING °C -49
PARAFFIN CONTENT BY MASS.% 3.1-6.07 CONTENTS, % * SULPHUR 1.8
COKING % 2.06
* NITROGEN 0.25 *CHAMOIS-ACID RESINS 0.9 * ASPHALTENT 0.9
ASH % 0.004
DESTILATION, % VOLUME
UP TO 200 ° ABOUT 21 – 27.2