What is gross refinery margin?Explain clearly



What is gross refinery margin?Explain clearly..

Answer / tulja

Gross Refinery Margin (GRM) is the differential between
average product prices realized by the refinery less the
average cost of crude oil.

As the International prices of crude oil and petroleum
products have been extremely volatile since 2004, we
consider the average prices & costs.

Is This Answer Correct ?    5 Yes 2 No

Post New Answer

More Banking Finance Interview Questions

ordinance means

5 Answers   Banking, FactSet Systems,


As a student of Arts/ Science or Commerce why didn't you applied for higher studies?

0 Answers   IBPS,


Why you want to join NABARD?

0 Answers   Nabard,


I am studing in MEB(MBA+IT), In our course there is no specialation and I want to go in finance, in june-july i am going to do intersip program so what would i do to make arrengement for my summer training

0 Answers  


what is the difference b/w consumer & customer?

12 Answers  






the differences between share capital and loan capital. And the similarities.

2 Answers  


what are the interview questions asked in this area for freshers

3 Answers  


What is the relation between equity markets and Re. vs Dollar movement?

1 Answers  


Fill in the blank- The argument that the need for a new monetary policy to ---------demand outweighs the need to ------budget deficits its persuasive.

0 Answers   Cap Gemini,


What is EBIDTA?

4 Answers  


Why do you want to enter banking Industry?

0 Answers   RBI,


Where have you come from and what is famous in your city?

0 Answers  


Categories
  • Business Administration Interview Questions Business Administration (517)
  • Marketing Sales Interview Questions Marketing Sales (1279)
  • Banking Finance Interview Questions Banking Finance (3208)
  • Human Resources Interview Questions Human Resources (745)
  • Personnel Management Interview Questions Personnel Management (68)
  • Hotel Management Interview Questions Hotel Management (29)
  • Industrial Management Interview Questions Industrial Management (113)
  • Infrastructure Management Interview Questions Infrastructure Management (14)
  • IT Management Interview Questions IT Management (97)
  • Supply Chain Management Interview Questions Supply Chain Management (16)
  • Operations Management Interview Questions Operations Management (39)
  • Funding Interview Questions Funding (79)
  • Insurance Interview Questions Insurance (494)
  • Waste Management Interview Questions Waste Management (1)
  • Labor Management Interview Questions Labor Management (48)
  • Non Technical Interview Questions Non Technical (73)
  • Business Management AllOther Interview Questions Business Management AllOther (546)