SunSirs: The Benchmark Prices for Crude Oil and Fuel Oil in SunSirs Rise on August 16

https://www.chemnet.com   Aug 16,2024 SunSirs

On August 15th, international crude oil futures rose. The settlement price of the main contract for WTI crude oil futures in the United States was $78.16 per barrel, an increase of $1.18 or 1.5%. The settlement price of the main Brent crude oil futures contract was $81.04 per barrel, an increase of $1.28 or 1.6%.

On August 16th, the WTI crude oil benchmark price of SunSirs was $76.98 per barrel, an increase of 3.01% compared to the beginning of this month ($74.73 per barrel).

On August 16th, the benchmark price of Brent crude oil from SunSirs was $79.76 per barrel, an increase of 2.16% compared to the beginning of this month ($78.07 per barrel).

On August 16th, the benchmark price of fuel oil in SunSirs was 5,518.00 RMB/ton, an increase of 0.40% compared to the beginning of this month (5,496.00 RMB/ton).

Application of SunSirs Benchmark Pricing

Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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