TeachMeFinance.com - explain Crude oil f.o.b. price
Crude oil f.o.b. price The term 'Crude oil f.o.b. price' as it applies to the area of energy can be defined as ' The crude oil price actually charged at the oil producing country's port of loading. Includes deductions for any rebates and discounts or additions of premiums, where applicable. It is the actual price paid with no adjustment for credit terms'.
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