Free On Board
"Free On Board" In Context
"The delivered price works out to about $6.50 a barrel below dated Brent on a free-on-board (FOB) basis, traders said. - India's ONGC sold 700,000 barrels of Sokol for July 14-17 loading to Shell at a premium of about $7 a barrel to Oman/Dubai ..." This Insurance Word is available for Sponsorship Sponsor this Definition Today.