What is the ratio of sour and sweet crudes in the Indian Crude Oil Basket?
What is the ratio of sour and sweet crudes in the Indian Crude Oil Basket?
[A]68:32
[B]72:28
[C]75:25
[D]88:12
72:28
The Indian basket represents the average price of Oman and Dubai sour grade crude and the sweet Brent crude oil processed in Indian refineries in the ratio of 72:28.