SunSirs: International Crude Oil Futures Continued to Rise, and The Benchmark Prices for Crude Oil in SunSirs Fall on September 13

On September 12th, international crude oil futures continued to rise. The settlement price of the main contract for WTI crude oil futures in the United States was $68.97 per barrel, an increase of $1.66 or 2.5%. The settlement price of the main Brent crude oil futures contract was $71.97 per barrel, an increase of $1.36 or 1.9%.

On September 13th, the WTI crude oil benchmark price of SunSirs was $67.31 per barrel, a decrease of -11.33% compared to the beginning of this month ($75.91 per barrel).

On September 13th, the benchmark price of Brent crude oil from SunSirs was $70.61 per barrel, a decrease of -10.42% 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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