Sentence examples for benchmark light from inspiring English sources

In the oil markets, a barrel of benchmark light sweet crude was down $1.63, at $97.59.

The benchmark light sweet crude oil in the United States fell $4.56 a barrel to close at $94.81.

The attack rattled the nerves of global energy traders, sending the price of benchmark light, sweet crude to a record $117.40 per barrel.

As gold fell, the dollar rose, and the price for benchmark light, sweet crude oil futures contracts was flat at $80.50 a barrel on the New York Mercantile Exchange.

Some analysts expressed skepticism that the new oil the Saudis were talking about could make much difference in the market, because it is mainly heavy and high in sulfur; demand for that type of oil is much weaker than for the benchmark light sweet grade because it is more difficult and expensive to refine.

Benchmark light, sweet crude for January delivery traded at $42.90 per barrel in electronic trading on the New York Mercantile Exchange, up 37 cents.

Western Canada Select, a widely quoted heavy crude, was quoted at more than $40 a barrel below benchmark U.S. light oil, or just 54percentt of the benchmark's value.

The benchmark American light-crude contract rose above $44 a barrel in New York trading.

(Today, the benchmark price for light sweet crude for delivery next month closed up slightly, at $18.03 a barrel, after falling $4 in two days).

The benchmark price for light, low sulfur crude fell below $70 a barrel for the first time in 14 months; it had been trading for $145 a barrel as recently as July.

The main benchmark oil contracts — light sweet crude traded on the New York Mercantile Exchange and the Brent contract traded at ICE Futures Europe in London — are quoted in dollars, as are the other important commodities contracts globally like gold, copper and wheat.