Wednesday, June 20, 2012

International Crude Oil Price of Indian Basket Decreases on 18.06.2012 to US$ 95.86/BBL




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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 declined to US$ 95.86 /barrel (bbl) on 18.6.2012.The price was lower than US$ 96.79 /bbl on the previous trading day of 15.6.2012.

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In rupee terms, also the crude oil price decreased to Rs 5329.82 per bbl on 18.06.2012 from Rs 5397.01 per bbl on 15.06.2012. This was due to decrease in the price in dollar terms and rupee appreciation with rupee-dollar exchange rate on 18.06.2012 at Rs 55.60 /US$ against Rs 55.76? /US$ on 15.06.2012.?

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The table below gives details in this regard

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Particulars

Unit

Price on 18 June, 2012 (previous trading day

i.e.15.6.2012)

Last Fortnight

June 1-16, 2012

(previous fortnight

May 16-31, 2012)

Crude Oil

(Indian Basket)

($/bbl)

95.86 ???????(96.79)

97.24 ???(105.57)

(Rs/bbl)

5329.82???? (5397.01)

5407.52? (5844.36)

Exchange Rate

(Rs/$)

55.60 ????????(55.76)

55.61????? (55.36)


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RCJ ?Daily Crude oil price- 19.06.2012????????

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(Release ID :84944)

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