SunSirs: International Crude Oil Futures Closed Lower on September 5, the Benchmark Prices for Crude Oil in SunSirs Fall on September 6

On September 5th, international crude oil futures closed lower. The settlement price of the main contract for WTI crude oil futures in the United States was $69.15 per barrel, a decrease of $0.05. The settlement price of the main Brent crude oil futures contract was $72.69 per barrel, a decrease of $0.01.

On September 6th, the WTI crude oil benchmark price of SunSirs was $69.20 per barrel, a decrease of -8.84% compared to the beginning of this month ($75.91 per barrel).

On September 6th, the benchmark price of Brent crude oil from SunSirs was $72.70 per barrel, a decrease of -7.76% 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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