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 rose to US$ 109.11/barrel (bbl) on 08.01.2013. This was higher than the price of US$ 108.50//bbl prevailing on the previous trading day of 07.01.2013.

In rupee terms also, the crude oil price increased to Rs 6037.06/bbl on 08.01.2013 from Rs 5965.33/bbl on 07.01.2013. This was due to price increase in dollar terms and rupee depreciation. Rupee dollar-exchange rate on 08.01.2013 was Rs55.33/US$ against Rs 54.98/US$ on previous trading day of 07.01.2013.

The table below gives details in this regard:

Particulars
Unit
Price on 08 January, 2013
i.e. 07.01.2013)
Last Fortnight December 16-31, 2012
(previous fortnight
1-15, December 2012)
Crude Oil
(Indian Basket)
($/bbl)
109.11(108.50)
107.76 (106.85)
( Rs/bbl
6037.06(5965.33)
5912.79 (5815.85)
Exchange Rate
( Rs/$)
55.33(54.98)
54.87 (54.43)

RCJ/RKS -Daily Crude oil price- 09.01.2013

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