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netback

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net⋅back

[net-bak]
–noun
a calculation of the price of crude-oil products based on the price of crude oil.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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net·back   (nět'bāk')   
n.  Linkage of the price of crude oil to the market price of products refined from it.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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