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17-October-2012

 

 INTERNATIONAL CRUDE OIL PRICES OF INDIAN BASKET INCREASE TO US$ 112.45/BBL ON 16.10.2012

 

 

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$ 112.45/barrel (bbl) on 16.10.2012. This was higher than US$ 111.90/bbl on the previous trading day’s figures 15.10.2012.

 

In rupee terms however, the crude oil price decreased to Rs 5939.61 per bbl on 16.10.2012 as compared to Rs 5944.13 per bbl on 15.10.2012. This was due to rupee appreciation with rupee-dollar exchange rate on 16.10.2012 at Rs 52.82/US$ against Rs 53.12US$ on 15.10.2012. 

 

The table below gives details in this regard:

 

Particulars

Unit

Price on 16 October,2012 (previous trading day

i.e. 15.10.2012)

Last Fortnight

October  1-15,2012

(previous fortnight

16-30 September, 2012)

Crude Oil

(Indian Basket)

($/bbl)

       112.45      (111.90)                 

 110.56    (109.91)               

(Rs/bbl

      5939.61   (5944.13)           

5806.61 (5896.67) 

Exchange Rate

(Rs/$)

       52.82          (53.12)          

    52.52     (53.65)                        

 

Daily Crude oil price- 17.10.2012

 

PIB, Aizawl

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