Oil and Gas Market Update for covering entire month of September 2013

• India imported most of its Base Oil from different countries like Korea, USA, UAE, Singapore
  during Jan to July 2013.
• India Introduces New Synthetic Esters Standard for Transformers.
• SN 150 CFR India prices down by USD 45 PMT in September 2013 as compared to previous
  month price.
• BS 150 CFR India prices increased by 2% in September 2013 as compared to previous month
  price.
• Indian state Oil PSU’s IOCL/HPCL/BPCL prices becomes bearer.
• J 500 CFR India prices up by 1% in September 2013 as compared to previous month prices.
• Base Oil J‐150/N ‐ 100/N‐150/N‐250 grades imports of India comprises 49% of its total imports
  during July 2013.