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$ 109.96/barrel (bbl) on 23.01.2013. This was higher than the price of US$ 109.49/bbl prevailing on the previous trading day of 22.01.2013.

In rupee terms also, the crude oil price increased to Rs 5912.55/bbl on 23.01.2013 as compared to Rs 5858.81/bbl on 22.01.2013. This was due to price increase in dollar terms and rupee deprecation. Rupee dollar-exchange rate on 22.01.2013 was Rs53.77/US$ against Rs 53.51/US$ on previous trading day of 22.01.2013.

The table below gives details in this regard:

Particulars
Unit
Price on 23 January, 2013
(previous trading day i.e. 22.01.2013)
Last Fortnight January 1-15, 2013
(previous fortnight
16-31, December 2012)
Crude Oil
(Indian Basket)
($/bbl)
109.96(109.49)
109.08 (107.76)
( Rs/bbl
5912.55(5858.81)

RCJ/RKS -Daily Crude oil price- 24.01.2013

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