Our refineries today can process around 200 grades of crude oil.
OILMONSTER.COM- Indian Oil Corporation (IOC) will buy a consignment of Guyanese crude oil in a push to diversify the sources. According to oil ministry officials, this deal is at competitive rates and is in line with the strategy to have multiple sources of crude oil for Indian refiners. “We are no longer constrained by West Asian crude oil grades.
Our refineries today can process around 200 grades of crude oil. With improvements in global shipping value chains, we are able to access more sources.
Courtesy: www.business-standard.com
| United States Crude Oil Prices | |||
|---|---|---|---|
| COMMODITY | PRICE | CHANGE | |
| Alabama Heavy Asphaltic Sour | 64.94 | -1.73 | |
| Alabama Light Sour | 72.16 | -1.92 | |
| Alabama Light Sour Womack Hill Type | 55.28 | +5.30 | |
| Alabama Light Sweet | 77.16 | -1.92 | |
| Alabama/ Florida Panhandle | 72.22 | 0.00 | |
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