oil reference price

基本解释

NDRC declared, after this depreciation, the price of finished product in domestic still remain more than 7 dollars, lower than the three types of reference oil price.
發改委稱，此次降價後，國內成品油價仍與國際油價保持超過7美元的價差，較三種蓡考油價更低。
Fagaiwei says after this price cut, the finished oil price in china keeps a lower more than $7 gap with international price, and even lower than the three reference prices.
發改委稱，此次降價後，國內成品油價仍與國際油價保持超過7美元的價差，較三種蓡考油價更低。
As the largest energy market in the world, the energy prices of North America market always affect world oil price and are gradually becoming important reference indexes for natural gas pricing.
北美是世界最大的能源市場，其市場價格走曏不僅影響全球石油價格，同時也逐漸成爲世界天然氣價格的重要蓡考指標。

The claim was made on the basis of a 2006 Ecuadorian law (Law 42) by which the government has a right to 99% of the oil revenues above a certain "reference price", mostly arbitrary.
CENTERFORSECURITYPOLICY: Center For Security Policy
They cannot actually set a reference price for globally traded crude oil, and what ability they once had to balance the market has declined as traders have become more skeptical that the Kingdom is ready and willing to ramp up its production as much as it says it can.
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