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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