Petroleum Pricing in India
Published: Aug 14, 2017
Photo: Prasad
Petroleum products are routinely transported by ships to distant locations to help develop the economy—Port Blair harbour, Andaman and Nicobar Islands.
Abstract: Crude oil pricing corresponds to its quality—light and sweet crudes commanding the maximum premium. On an average, a sour crude could be cheaper by 4 to 6 USD per barrel than a lighter crude.
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