netback

listen to the pronunciation of netback
İngilizce - İngilizce
Linkage of the price of crude oil to the market price of products refined from it
An industry term referring to the net FOB cost of product offered on a delivered or CIF basis It is derived by subtracting all costs of shipment from the landed price
The amount of money received per barrel of oil equivalent produced after subtracting operating costs, royalties, and general and administrative costs
The difference between the cost of crude oil and the selling price of the resulting refined products (heating oil and gasoline)
Industry term referring to the net FOB cost of product offered on a delivered or CIF basis It is derived by subtracting all costs of shipment from the landed price