On October 8th, international crude oil futures fell sharply. The settlement price of the main contract for WTI crude oil futures in the United States was $73.57 per barrel, a decrease of $3.57 or 4.6%. The settlement price of the main Brent crude oil futures contract was $77.18 per barrel, a decrease of $3.75 or 4.6%.
On October 9th, the WTI crude oil benchmark price of SunSirs was $77.14 per barrel, an increase of 13.16% compared to the beginning of this month ($68.17 per barrel).
On October 9th, the benchmark price of Brent crude oil from SunSirs was $80.93 per barrel, an increase of 12.87% compared to the beginning of this month ($71.70 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 enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.