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SunSirs: International Crude Oil Futures Rose, and the Benchmark Prices for Crude Oil in SunSirs Increase on October 11
October 11 2024 10:53:15SunSirs(Selena)

On October 10th, international crude oil futures rose. The settlement price of the main contract for WTI crude oil futures in the United States was $75.85 per barrel, an increase of $2.61 or 3.6%. The settlement price of the main Brent crude oil futures contract was $79.40 per barrel, an increase of $2.82 or 3.7%.

On October 11th, the WTI crude oil benchmark price of SunSirs was $73.24 per barrel, an increase of 7.44% compared to the beginning of this month ($68.17 per barrel).

On October 11th, the benchmark price of Brent crude oil from SunSirs was $76.58 per barrel, an increase of 6.81% 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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