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SunSirs: International Crude Oil Futures Fell sharply, and the Benchmark Prices for Crude Oil in SunSirs Increase on October 10
October 10 2024 09:38:18SunSirs(Selena)

On October 9th, international crude oil futures closed down. The settlement price of the main contract for WTI crude oil futures in the United States was $73.24 per barrel, a decrease of $0.33 or 0.5%. The settlement price of the main Brent crude oil futures contract was $76.58 per barrel, a decrease of $0.60 or 0.8%.

On October 10th, the WTI crude oil benchmark price of SunSirs was $73.57 per barrel, an increase of 7.92% compared to the beginning of this month ($68.17 per barrel).

On October 10th, the benchmark price of Brent crude oil from SunSirs was $77.18 per barrel, an increase of 7.64% 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).

 

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