Refiners feel heat physical crude trades higher than futures prices

Timeline
Monday, 5 October
- $100/barrel crude on screen, $145/barrel in physical market: Kotak Securities sees two prices
Kotak Securities sees physical crude reaching nearly $145 a barrel while benchmark prices show $100
Tuesday, 29 September
- Refiners feel heat physical crude trades higher than futures prices
Indian refiners are paying significantly more for physical crude than futures prices