Wednesday, September 5, 2012

International Crude Oil Price of Indian Basket Rises on 04.9.2012 to US$ 113.97/BBL

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$ 113.97/barrel (bbl) on 04.9.2012. The price was higher than US$ 113.09/bbl on 3.09.2012, the last trading day.In rupee terms also, the crude oil price rose to Rs 6329.89 per bbl on 04.09.2012 as compared to Rs 6270.84 per bbl on 03.09.2012. This was due to rise in price in dollar terms and rupee depreciation with rupee-dollar exchange rate on 04.09.2012 at Rs 55.54/US$ against Rs 55.45/US$ on 03.09.2012.

The table below gives details in this regard:
 
Particulars
Unit
Price on 04 September,2012 (previous trading day
i.e. 03.9.2012)
Last Fortnight
August 16-31, 2012
(previous fortnight
1-15 August, 2012)
Crude Oil
(Indian Basket)
($/bbl)
113.97 (113.09)
112.39 (107.74)
(Rs/bbl)
6329.89 (6270.84)
6250.01 (5981.72)
Exchange Rate
(Rs/$)
55.54 (55.45)
55.61 (55.52)
RCJ/RKS –Daily Crude oil price- 04.09.2012
 
Courtesy: PIB

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