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The bout was held in Grozny, Russia. The scores were 115-113 twice and 114-114.
35-year-old Chagaev is now 33-2-1(20). 41-year-old Oquendo, who felt he had won, fell to 37-8(24).
“Regular” WBA heavyweight title was vacated after Russian boxer Aleksandr Povetkin lost to Ukraine’s Wladimir Klitschko, who retained title of world superchampion.
World Boxing Association (WBA) decided to organize a bout for the vacant title between world number 3 Ruslan Chagaev and world number 4 Fres Oquendo.