SunSirs--China Commodity Data Group

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SunSirs: The Benchmark Prices for Crude Oil in SunSirs Continue to Decline on March 7

March 07 2025 16:15:01     SunSirs (Selena)

On March 7th, the WTI crude oil benchmark price in SunSirs is $66.31 per barrel, a decrease of -5.74% compared to the beginning of this month ($70.35 per barrel).

On March 7th, the benchmark price of Brent crude oil in SunSirs is $69.30 per barrel, a decrease of -5.80% compared to the beginning of this month ($73.57 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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