International Crude oil Price of Indian Basket Falls on 25.07.2012 to US$ 101.09/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 came down to 101.09 US$ /barrel (bbl) on 25.7.2012.The price was lower than US$ 101.58 /bbl on the previous trading day of 24.7.2012.

In rupee terms, however, the crude oil price increased to Rs 5699.45 per bbl on 25.07.2012 from Rs 5690.51 per bbl on 24.07.2012. This was due rupee depreciation with rupee-dollar exchange rate on 25.07.2012 at Rs 56.38 /US$ against Rs 56.02  /US$ on 24.07.2012.

The table below gives details in this regard:

Particulars Unit Price on 25 July, 2012 (previous trading day

i.e. 24.7.2012)

 Last Fortnight

July 1-15, 2012

(previous fortnight

June 16-30, 2012)
Crude Oil

(Indian Basket)

 ($/bbl) 101.09 (101.58) 97.78 (92.08)
(Rs/bbl) 5699.45(5690.51) 5418.97 (5201.60)
Exchange Rate (Rs/$) 56.38 (56.02 ) 55.42 (56.49)

RCJ/RKS –Daily Crude oil price- 26.07.2012

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This entry was posted on Friday, July 27th, 2012 at 5:05 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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