The oil price in China is very expensive.
The so-called international oil price/:crude oil trading in the international market has formed three benchmark prices, namely, the price of the New York Mercantile Exchange light and low sulfur crude oil, the price of Brent crude oil in the North Sea of London International Petroleum Exchange and the price of Dubai crude oil in the United Arab Emirates. The above three benchmark oil prices are divided into spot price and futures price, among which the futures price for delivery in the next month is the most valuable because of the large trading volume.
International oil prices have been changing. The oil price at the moment is much lower than that at home!