Market Data
Public benchmark data can help buyers and sellers test whether an indicative offer is broadly aligned with market conditions. It should not be treated as a complete delivered-price calculation.nnA defensible commercial comparison requires the correct benchmark location, pricing period, differential, product grade, quantity, freight, inspection and credit cost. Comparing unlike bases can create a false impression that an offer is unusually cheap or expensive.
Source: EIA
This is an original MENA Oil & Gas market summary based on the cited public source. It is provided for general information and does not constitute an offer, investment advice, legal advice or confirmation of product availability.