Source: India's largest refiner, PetroIndia, purchased 2 million barrels of Basra intermediate crude oil and Basra heavy crude oil at a price about 28 US dollars per barrel lower than the benchmark price of Dubai crude oil in October. The deal was based on FOB prices.

Source: India's largest refiner, PetroIndia, purchased 2 million barrels of Basra intermediate crude oil and Basra heavy crude oil at a price about 28 US dollars per barrel lower than the benchmark price of Dubai crude oil in October. The deal was based on FOB prices.