Global crude oil price of Indian Basket declines to US$ 97.66/bbl on 17.04.

2013
The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went down to US$ 97.66/barrel (bbl) on 17.04.2013. This was lower than the price of US$ 97.90/bbl prevailing on the previous trading day of 16.04.2013.

The crude oil price in rupee terms also, declined to Rs 5267.78/bbl on 17.04.2013 as compared to Rs5318.91/bbl on 16.04.2013. This was due to rupee appreciation. Rupee dollar exchange rate on 17.04.2013 at Rs53.94/US$ against Rs 54.33/US$ on previous trading day of 16.04.2013.

The table below gives details in this regard:

Particulars

Unit

Price on April 17, 2013 (previous trading day i.e. 16.04.2013)

Last Fortnight April 0115, 2013 (previous fortnight i.e. Mar 16-31, 2013) 104.00 (105.95) 5674.24 (5752.03) 54.56 (54.29)

Crude Oil (Indian Basket) Exchange Rate

($/bbl) (Rs/bbl (Rs/$)

97.66 (97.90) 5267.78(5318.91) 53.94 (54.33)