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Press Information Bureau
Government of India
Ministry of Petroleum & Natural Gas
08-August-2014 10:18 IST
Global crude oil price of Indian Basket increased marginally to US$ 103.35 per bbl on 07.08.2014

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 up to US$ 103

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 up to US$ 103.35 per barrel (bbl) on 07.08.2014. This was higher than the price of US$ 103.27 per bbl on previous publishing day of 06.08.2014.

In rupee terms, the price of Indian Basket increased to Rs 6346.72 per bbl on 07.08.2014 as compared to Rs 6334.58 per bbl on 06.08.2014.  Rupee closed weaker at Rs 61.41 per US$ on 07.08.2014 as against Rs 61.34 per US$ on 06.08.2014. 

The table below gives details in this regard:

Particulars

Unit

Price on Aug 07, 2014 (Previous trading day i.e. 06.08.2014)

Pricing Fortnight for 01.08.2014

( July 12 to July 29, 2014)

Crude Oil (Indian Basket)

($/bbl)

103.35             (103.27)

105.44

(Rs/bbl

6346.72            (6334.58)

6343.27

Exchange Rate

(Rs/$)

61.41               (61.34)

60.16

 

  YKB/Daily Crude oil price- 08.08.2014