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SunSirs: International crude oil futures rebound, The Benchmark Prices for Crude Oil in SunSirs Fall on September 12
September 12 2024 14:01:57SunSirs(Selena)

On September 11th, international crude oil futures rebounded. The settlement price of the main contract for WTI crude oil futures in the United States was $67.31 per barrel, an increase of $1.56 or 2.4%. The settlement price of the main Brent crude oil futures contract was $70.61 per barrel, an increase of $1.42 or 2.1%.

On September 12th, the WTI crude oil benchmark price of SunSirs was $65.75 per barrel, a decrease of -13.38% compared to the beginning of this month ($75.91 per barrel).

On September 12th, the benchmark price of Brent crude oil from SunSirs was $69.19 per barrel, a decrease of -12.22% 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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