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 International Crude Oil Price of Indian Basket Moves up on 28.06.2012 to US$ 91.95/BBL | Invest in India

International Crude Oil Price of Indian Basket Moves up on 28.06.2012 to US$ 91.95/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$ 91.95 /barrel (bbl) on 28.6.2012.The price was higher than US$ 91.66 /bbl on the previous trading day of 27.6.2012.

 

In rupee terms, however, the crude oil price decreased to Rs 5233.79 per bbl on 28.06.2012 from Rs 5244.79 per bbl on 27.06.2012. This was due to rupee appreciation with rupee-dollar exchange rate on 28.06.2012 at Rs 56.92 /US$ against Rs 57.22 /US$ on 27.06.2012. 

 

The table below gives details in this regard:                               

 

Particulars

Unit

Price on 28 June, 2012 (previous trading day

i.e. 27.6.2012)

Last Fortnight

June 1-16, 2012

(previous fortnight

May 16-31, 2012)

Crude Oil

(Indian Basket)

($/bbl)

91.95       (91.66)

97.24    (105.57)

(Rs/bbl)

5233.79   (5244.79)

5407.52  (5844.36)

Exchange Rate

(Rs/$)

56.92       (57.22)

55.61      (55.36)

 

RCJ –Daily Crude oil price- 29.06.2012        

29 June 2012

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