Great analysis. Quick questions is there a publicly available source to track the Singapore GRM's (real time)? Also if you look at the longer term benchmark GRM's they have averaged between $5-10/bbl. ICRA publishes these O&G charts every six months that's my source. How long do you think this tightness (GRM $12) remains in the market? Thanks!
correct me if i'm wrong sir.
but at Rs. 23,250 per tonne, it's probably Rs. 23.25 per litre ...
Rs. 3,696.75 for 159 litres (a barrel)...
$47.39 per barrel (using 78 Rupees = 1 USD)
?
Excellent article. Thanks
Great analysis. Quick questions is there a publicly available source to track the Singapore GRM's (real time)? Also if you look at the longer term benchmark GRM's they have averaged between $5-10/bbl. ICRA publishes these O&G charts every six months that's my source. How long do you think this tightness (GRM $12) remains in the market? Thanks!