Press Information Bureau
Government of India
Ministry of Petroleum & Natural Gas
21-February-2013 17:57 IST
Global crude oil price of Indian Basket declines marginally to US$ 113.50/bbl on 20.02.2013




The international crude oil price of Indian Basket as computed/published today by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went down to US$ 113.50/barrel (bbl) on 20.02.2013. This was lower than the price of US$ 113.65/bbl prevailing on the previous trading day of 19.02.2013. 


In rupee terms, also, the crude oil price of declined to Rs 6134.68/bbl on 20.02.2013 as compared to Rs 6170.06/bbl on 19.02.2013. This was due to rupee appreciation dollar terms. Rupee dollar exchange rate on 20.02.2013 at Rs 54.05/US$ against Rs 54.29/US$ on previous trading day of 19.02.2013. 


The table below gives details in this regard:




Price on 20 February, 2013

(previous trading day

i.e. 19.02.2013)

Last Fortnight February  1-15, 2013

(previous fortnight

i.e. Jan 16-31, 2013)

Crude Oil

(Indian Basket)


113.50       (113.65)

113.86          (109.95)


6134.68     (6170.06)

6093.79       (5,926.31)

Exchange Rate


54.05         (54.29)

53.52            (53.90)


RCJ/RKS –Daily Crude oil price- 21.02.2013