Fuel oil import cost = (MOPS price + price fluctuation value) * exchange rate * (1 + tariff rate) * (1 + VAT rate) + other charges.
MOPS: The price is usually published daily by "PLATT'S ASIA PACIFIC AREA GULF MARKETSCAN", which is usually a price set by the general company according to the supply and demand of the market, which is independent of other companies for market reference.
Other costs = import agency fee + port fee, terminal fee + storage fee + commodity inspection fee + reimbursement fee + health inspection fee + insurance premium + interest + urban construction fee + education surcharge + flood control fee, etc.
The Crude Oil Calculator helps you calculate the cost price of fuel purchased, which is for reference only!