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 April 1, 2024 - $76.71 Effective April 16, 2024 - $78.36
Effective April 2, 2024 - $78.15 Effective April 17, 2024 - $75.69
Effective April 3, 2024 - $78.43 Effective April 18, 2024 - $75.73
Effective April 4, 2024 - $79.59 Effective April 19, 2024 - $76.14
Effective April 5, 2024 - $79.91 Effective April 22, 2024 - $75.85
Effective April 8, 2024 - $79.43 Effective April 23, 2024 - $76.36
Effective April 9, 2024 - $78.23 Effective April 24, 2024 - $75.81
Effective April 10, 2024 - $79.21 Effective April 25, 2024 - $76.57
Effective April 11, 2024 - $78.02 Effective April 26, 2024 - $76.85
Effective April 12, 2024 - $78.66 Effective April 29, 2024 - $75.63
Effective April 15, 2024 - $78.41 Effective April 30, 2024 - $74.93

The average posted price for the month of April was $77.5263.

The average NYMEX price for the month of April was $84.5263.

(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

 

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