The international crude oil price for Indian Basket as computed/published today by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went down to US$ 108.63/barrel (bbl) on 11.01.2013. This was lower than the price of US$ 109.74//bbl prevailing on the previous trading day of 10.01.2013.
In rupee terms also, the crude oil price fell to Rs 5924.68/bbl on11.01.2013 from Rs5995.10/bbl on 10.01.2013. This was due to fall in price in dollar terms and rupee appreciation with rupee dollar-exchange rate on 11.01.2013 at Rs54.54/US$ against Rs 54.63/US$ on 10.01.2013.
The table below gives details in this regard:
Particulars | Unit | Price on 11 January, 2013 (previous trading day i.e.10.01.2013) | Last Fortnight December 16-31, 2012 (previous fortnight 1-15, December 2012) |
Crude Oil (Indian Basket) | ($/bbl) | 108.63(109.74) | 107.76(106.85) |
5924.68(5995.10) | 5912.79(5815.85) | ||
54.54(54.63) | 54.87 (54.43) |
RCJ/RKS -Daily Crude oil price- 14.01.2013
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