On October 14th, international crude oil futures closed down. The settlement price of the main contract for WTI crude oil futures in the United States was $73.83 per barrel, a decrease of $1.73 or 2.3%. The settlement price of the main Brent crude oil futures contract was $77.46 per barrel, a decrease of $1.58 or 2.0%.
On October 15th, the WTI crude oil benchmark price of SunSirs was $75.56 per barrel, an increase of 10.84% compared to the beginning of this month ($68.17 per barrel).
On October 15th, the benchmark price of Brent crude oil from SunSirs was $79.04 per barrel, an increase of 10.24% 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.