Definitions for "Netback"
Keywords:  royalty, fob, boe, crude, cif
The difference between the cost of crude oil and the selling price of the resulting refined products (heating oil and gasoline).
Net revenues after deduction of operating costs, transportation and royalty payments, usually expressed as $/boe.
Average realized selling price, after hedging, less operating costs and Crown royalties.
a provision in a physical power contract that allows the bearer to net a debt position with one counterparty by offsetting it with a credit position with another counterparty.