International Crude Oil Price of Indian Basket Increases on 28.05.2012 to US$ 105.73/bbl; Declines in Rupee Terms

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 increases to US$ 105.73/barrel (bbl) on 28.05.2012. This was higher than US$ 105.25/bbl, on the previous trading day’s figures of 25.05.2012.

In rupee terms however, the crude oil price declined marginally to Rs 5842.64 on 28.5.2012 from Rs 5865.58 per bbl on 25.05.2012. This was rupee appreciation with rupee-dollar exchange rate on 28.5.2012 at Rs 55.26/US$ against Rs 55.73//US$ on 25.05.2012.

The table below gives details in this regard:

Particulars Unit Price on 28 May, 2012 (previous trading day

i.e. 25.5.2012)

 Last Fortnight

May 01-15, 2012

(previous fortnight

April 16-30, 2012)
Crude Oil (Indian Basket) ($/bbl) 105.73 (105.25 ) 111.15 (116.20)
(Rs/bbl) 5842.64 (5865.58) 5957.89 (6063.32)
Exchange Rate (Rs/$) 55.26 (  55.73) 53.41 (52.18)

RCJ –Daily Crude oil price- 29.05.2012

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This entry was posted on Wednesday, May 30th, 2012 at 3:46 pm and is filed under FDI news India, General. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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