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.