Benchmark crude

英文Benchmark crude

中文 (征集中)


(1)Synonymous with reference crude or marker crude. (2)A crude oil whose price is used as a reference against which other crudes are priced. (3)Because of their liquidity, the New York Mercantile Exchange light sweet crude oil and IPE Brent crude oil futures contracts are used as global benchmarks. Dubai crude is widely used as a benchmark for Middle Eastern crudes, especially for sale to Asian markets



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