Japan Crude Cocktail
From Wikipedia, the free encyclopedia
The Japan Customs-cleared Crude (JCC) is the average price of custom-cleared crude oil imports into Japan (formerly the average of the top twenty crude oils by volume) as reported in customs statistics; nicknamed the "Japanese Crude Cocktail". It is a commonly used index in long term LNG contracts in Japan, Korea and Taiwan, and replaced the Government Selling Price of crude oil as the standard index. JCC prices are available from the Petroleum Association of Japan.
 |
This article related to petroleum or the petroleum industry is a stub. You can help Wikipedia by expanding it. |
External Links
