On September 19th, international crude oil futures rose. The settlement price of the main contract for WTI crude oil futures in the United States was $71.16 per barrel, an increase of $1.28 or 1.8%. The settlement price of the main Brent crude oil futures contract was $74.01 per barrel, an increase of $1.13 or 1.4%.
On September 20th, the WTI crude oil benchmark price of SunSirs was $69.88 per barrel, a decrease of -7.94% compared to the beginning of this month ($75.91 per barrel).
On September 20th, the benchmark price of Brent crude oil from SunSirs was $72.88 per barrel, a decrease of -7.54% 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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