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Why is the international oil price?
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.

China: (The prices of Sinochem and PetroChina are similar, and there will be no big change. Compared with the international oil price, the oil price in China only goes up but not down): about 140 USD! //A barrel = 158.98 liters//Our current oil price = the price per liter (calculated at 6.02 yuan for No.93 gasoline) * 158.98 liters = 985.676 yuan = 144.2523 dollars//Now it is at least/kloc-.