Crude oil landed cost

What is Crude oil landed cost?

Crude oil landed cost meaning The price of crude oil at the port of discharge, including charges associated with purchasing, transporting, and insuring a cargo from the purchase point to the port of discharge. The cost does not include charges incurred at the discharge port (e.g., import tariffs or fees, wharfage charges, and demurrage).

 

reference: Glossary – U.S. Energy Information Administration (EIA)

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