Note: For current crude oil prices call 1-800-832-5490
CRUDE OIL PRICE BULLETIN
Effective 7:00 A.M. on dates indicated below, subject to change without notice and subject to the terms of its Division Orders, Countrymark Refining and Logistics, LLC (hereinafter CountryMark) will pay per barrel for merchantable crude oil purchased from the operator's lease tank and delivered to CountryMark, or its authorized agent.
Illinois, Indiana & Kentucky
Effective |
August 1, 2024 |
- |
$69.31 |
|
Effective |
August 16, 2024 |
- |
$69.65 |
Effective |
August 2, 2024 |
- |
$66.52 |
|
Effective |
August 19, 2024 |
- |
$67.37 |
Effective |
August 5, 2024 |
- |
$65.94 |
|
Effective |
August 20, 2024 |
- |
$67.04 |
Effective |
August 6, 2024 |
- |
$66.20 |
|
Effective |
August 21, 2024 |
- |
$64.93 |
Effective |
August 7, 2024 |
- |
$68.23 |
|
Effective |
August 22, 2024 |
- |
$66.01 |
Effective |
August 8, 2024 |
- |
$69.19 |
|
Effective |
August 23, 2024 |
- |
$67.83 |
Effective |
August 9, 2024 |
- |
$69.84 |
|
Effective |
August 26, 2024 |
- |
$70.42 |
Effective |
August 12, 2024 |
- |
$73.06 |
|
Effective |
August 27, 2024 |
- |
$68.53 |
Effective |
August 13, 2024 |
- |
$71.35 |
|
Effective |
August 28, 2024 |
- |
$67.52 |
Effective |
August 14, 2024 |
- |
$69.98 |
|
Effective |
August 29, 2024 |
- |
$68.91 |
Effective |
August 15, 2024 |
- |
$71.16 |
|
Effective |
August 30, 2024 |
- |
$66.55 |
The average posted price for the month of August was $68.3797.
The average NYMEX price for the month of August was $75.3797.
(40 - 30 Gravity Flat) (Below 30 $.015 per .1)
Quantities purchased will be computed on 100% tank tables or mutually acceptable automatic measuring equipment, corrected to 60 degrees temperature, with full deduction for B.S. & W. content.
CountryMark will not accept crude oil containing halogenated, chlorinated or oxygenated organic compounds (such as but not limited to Carbon Tetrachloride, 1, 1 Dichloroethane, Trichloroethane or Tetrachloroethane, Isopropyl Alcohol, Ethyl Alcohol, Methanol, Glycol, Acetone). These and like compounds may cause severe equipment damage in the refinery.
Contamination usually occurs when a producer uses one of these chemicals in treating wells, flow lines and lease tankage to remove paraffin buildup. A small volume of crude contaminated with oxygenated or halogenated compounds can render large volumes of crude almost valueless. Any seller delivering crude oil to CountryMark containing such contaminant will be held liable for all damages resulting from that delivery.
COUNTRYMARK REFINING AND LOGISTICS, LLC
We purchase Illinois Basin Crude Oil. For more information please email, Crude@CountryMark.com