Price of Crude Oil. The price of crude oil to be supplied hereunder shall be settled on the basis of the standard crude oil price published by the National Development and Reform Commission each month and the crude oil premium mutually agreed between the parties.
Appears in 5 contracts
Samples: Crude Oil Mutual Supply Framework Agreement (Petrochina Co LTD), Crude Oil Mutual Supply Framework Agreement (Petrochina Co LTD), Crude Oil Mutual Supply Framework Agreement (Petrochina Co LTD)