The international crude oil price is quoted in US dollars, which can be converted by remittance. Not the final price, of course, plus insurance and freight, that is, CIF.
Conversion relationship between international crude oil price and domestic crude oil price: the international crude oil price unit USD/barrel refers to the international crude oil price, not the domestic refined oil price, but RMB/liter in China.
Conversion relationship 1: the international crude oil price is in barrels, and the domestic crude oil price is extended to the unit country. The international price of a barrel of crude oil is equivalent to 159 liter.
Conversion relationship 2: the international crude oil price is in US dollars, and the domestic crude oil price is in RMB. Now, 1 USD is exchanged for 6.8 yuan RMB.
Conversion Relationship 3: International crude oil price refers to international crude oil price, not domestic refined oil price. Domestic oil price refers to the price of refined oil. The ratio of crude oil converted into refined oil in the world is about 1:0.9, plus processing loss, crude oil import and processing cost, the ratio is about 1:0.8. Take the data of the United States in previous years as an example. At that time, crude oil 18 USD/barrel, while American merchants sold it for 22 USD/barrel, which was about 1:0. The quality of American refined oil is higher than that of domestic #97 oil.