ESPO
This cash assessment represents the value of ESPO (East Siberian Pacific Oil) crude loading from eastern Russia's Kozmino port. It represents physical delivery. The assessment rolls monthly on the 1st of each month. So, on 31 May, M+2 represents July loading. On 1 June M+2 represents August loading.
Currency and unit of measure: $/b
Incoterm: FOB
Quantity: 100,000 mt
Time of assessment: 16:30:00 Asia/Singapore
Publishing frequency: Daily
Spec: API gravity 34-35, sulfur 0.56% to 0.66%
Start Date: 12.07.2021
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