TeachMeFinance.com - explain Crude oil landed cost
Crude oil landed cost The term 'Crude oil landed cost' as it applies to the area of energy can be defined as ' The price of crude oil at the port of discharge, including charges associated with purchasing, transporting, and insuring a cargo from the purchase point to the port of discharge. The cost does not include charges incurred at the discharge port (e.g., import tariffs or fees, wharfage charges, and demurrage)'.
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