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

November 1, 2018

-

 $ 56.75

Effective

November 14, 2018

-

 $ 49.25

Effective

November 2, 2018

-

 $ 56.00

Effective

November 16, 2018

-

 $ 49.50

Effective

November 5, 2018

-

 $ 56.25

Effective

November 19, 2018

-

 $ 49.75

Effective

November 6, 2018

-

 $ 55.25

Effective

November 20, 2018

-

 $ 46.25

Effective

November 7, 2018

-

 $ 54.75

Effective

November 21, 2018

-

 $ 47.75

Effective

November 8, 2018

-

 $ 53.50

Effective

November 23, 2018

-

 $ 43.25

Effective

November 9, 2018

-

 $ 53.25

Effective

November 26, 2018

-

 $ 44.75

Effective

November 12, 2018

-

 $ 52.75

Effective

November 28, 2018

-

 $ 43.25

Effective

November 13, 2018

-

 $ 48.75

Effective

November 29, 2018

-

 $ 44.25

Effective

November 30, 2018

-

 $ 44.00

     

The average posted price for the month of November was 49.8333.              

The average Nymex price for the month of November was 56.8537.         

(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 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

(40 - 30 Gravity Flat)   (Below 30 .015 per .1)-

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