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SunSirs: International Crude Oil Futures Rose, and The Benchmark Prices for Crude Oil in SunSirs Fall on September 18

https://www.chemnet.com   Sep 18,2024 SunSirs

On September 17th, international crude oil futures rose. The settlement price of the main contract for WTI crude oil futures in the United States was $71.19 per barrel, an increase of $1.10 or 1.6%. The settlement price of the main Brent crude oil futures contract was $73.01 per barrel, an increase of $0.86 or 1.2%.





On September 18th, the WTI crude oil benchmark price of Shengyi Society was $68.65 per barrel, a decrease of -9.56% compared to the beginning of this month ($75.91 per barrel).





On September 18th, the benchmark price of Brent crude oil from Shengyi Society was $71.61 per barrel, a decrease of -9.15% 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).



 



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