Commodities India refiners getting rare oil cheap as China demand slows Updated : February 24, 2020 03:43 PM IST BPCL will receive a million barrels each of Brazil's Sapinhoa and Mediterranean CPC blend in April, Ramachandran told Reuters. Asia's spot premiums for Middle East, Russian, West African and Brazilian crude have all dropped this month with grades favoured by Chinese buyers, such as ESPO, Lula and Angolan, hurt the most. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.