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.