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 increased to US$ 109.39/barrel (bbl) on 02.01.2013. This was higher than the price of US$ 108.46/bbl prevailing on the previous trading day of 31.12.2013.

In rupee terms, the crude oil price went up marginally to Rs 5949.72/bbl on 02.01.2013 from Rs 5941.44/bbl on 31.12.2013. This increase was due to price increase in dollar terms as rupee appreciation moderated most of the increase. Rupee dollar-exchange rate on 02.01.2013 at Rs54.39/US$ against Rs 54.78/US$ on previous trading day of 31.12.2013.

The table below gives details in this regard:

Particulars
Unit
Price on 02 January, 2013
(previous trading day
i.e.31.12.2012)
Last Fortnight December 16-31, 2012
(previous fortnight
1-15, December 2012)
Crude Oil
(Indian Basket)
($/bbl)
109.39(108.46)
107.76 (106.85)
( Rs/bbl
5949.72(5941.44)
5912.79 (5815.85)
Exchange Rate
( Rs/$)
54.39(54.78)
54.87 (54.43)

RCJ/RKS -Daily Crude oil price- 03.01.2013

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