SunSirs: International Crude Oil Futures Continued to Decline, the Benchmark Prices for Crude Oil in SunSirs Fall on September 5

https://www.chemnet.com   Sep 05,2024 SunSirs

On September 4th, international crude oil futures continued to decline. The settlement price of the main contract for WTI crude oil futures in the United States was $69.20 per barrel, a decrease of $1.14 or 1.6%. The settlement price of the main Brent crude oil futures contract was $72.70 per barrel, a decrease of $1.05 or 1.4%.

On September 5th, the WTI crude oil benchmark price of SunSirs was $70.34 per barrel, a decrease of -7.34% compared to the beginning of this month ($75.91 per barrel).

On September 5th, the benchmark price of Brent crude oil from SunSirs was $73.75 per barrel, a decrease of -6.43% compared to the beginning of this month ($78.82 per barrel).

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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