General Discussion


  • Various kinds of Crudes and their costing parameters
  • Kiranjit Majumdar
    Exim India Oil Co Ltd
    GMT 18:20
    11th Mar 2008
    We also know Crude is defined by API standards, and that also reveals its inherent characterestics and features.

    However, is the Pricing for all kinds of Crudes with varying API gravity, based on a Common parameter/benchmark i.e. Platts based pricing? Does this means a API gravity 32.0 is priced similar as API 39.0, if we are to base on a given platts say ''Geneo Lavera FOB''...the question is how can both these kinds of crude cost the same per platts ??? So how and what method decides the diffference in pricing of different Crudes of varying API Gravity a/a. Further, Where does the boundary/definition of Sweet crudes end and sour crudes begin per API Gravity?

    Thank you,

    K. Majumdar, Logistics and Minerals Deptt.
    Email:vkt_exim@yahoo.com
  • Kiranjit Majumdar
    Exim India Oil Co Ltd
    GMT 18:23
    11th Mar 2008
    Our Crudes/marketing deptt. also need several origin of Crudes with varying API Gravity for our various Refinery buyers and traders & associates across the globe.

    If you are Refinery/Seller or Mandates pls send the specs & technical analysis reports to check acceptance and feasibility with the refinery concerned firstly.

    K.Majumdar
    vkt_exim@yahoo.com