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$ 94.28 /barrel (bbl) on 19.6.2012.The price was lower than US$ 95.86 /bbl on the previous trading day of 18.6.2012.
In rupee terms, also the crude oil price decreased to Rs 5280.62 per bbl on 19.06.2012 from Rs 5329.82 per bbl on 18.06.2012. This was due to decrease in the price in dollar terms despite rupee depreciation with rupee-dollar exchange rate on 19.06.2012 at Rs 56.01 /US$ against Rs 55.60 /US$ on 18.06.2012.
The table below gives details in this regard:
Price on 19 June, 2012 (previous trading day
June 1-16, 2012
May 16-31, 2012)
RCJ –Daily Crude oil price- 20.06.2012
21 June 2012