By 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$ 108.92/barrel (bbl) on 18.01.2013. This was higher than the price of US$ 107.92/bbl prevailing on the previous trading day of 16.01.2013.
In rupee terms, on the contrary the crude oil price fell to Rs 5876.23/bbl on18.01.2013 from Rs5917.25/bbl on 16.01.2013. This was due to rupee appreciation with rupee dollar-exchange rate on 18.01.2013 at Rs53.95 /US$ against Rs 54.83/US$ on 16.01.2013.
The table below gives details in this regard:
Particulars | Unit | Price on 18 January, 2013 (previous trading day i.e.16.01.2013) | Last Fortnight January 1-15, 2013 (previous fortnight 16-31, December 2012) |
Crude Oil (Indian Basket) | ($/bbl) | 108.92 (107.92) | 109.08 (107.76) |
(Rs/bbl | 5876.23 (5917.25) | 5969.95 (5912.79) | |
53.95 (54.83) | 54.73 (54.87) |
RCJ/RKS -Daily Crude oil price- 21.01.2013
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