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 on 11.4.2012 fell sharply by nearly US$ 2 per barrel (bbl) to US$ 117.92
per barrel (bbl). The comparative price published yesterday representing price
of 10.04.2012 was US$ 119.90/bbl.
In rupee terms also, the
crude oil price declined to Rs
6078.78 on 11.4.2012 against Rs
6138.88 per bbl on 10.04.2012. This was due to fall in crude oil price
in dollar terms and rupee depreciation with rupee-dollar exchange rate on
11.4.2012 at Rs
51.55 /US$ against Rs 51.20 /US$ on 10.04.2012.
The table below gives details in
this regard:
|
Particulars
|
Unit
|
Price
on 11 April, 2012 (previous trading day i.e. 10.4.2012)
|
Last
Fortnight
March
16-31, 2012
(previous
fortnight )
|
|
Crude Oil
(Indian Basket)
|
($/bbl)
|
117.92 (119.90)
|
123.19 (124.03)
|
|
(Rs/bbl)
|
6078.78
(6138.88)
|
6253.12
(6186.62)
|
|
Exchange Rate
|
(Rs/$)
|
51.55 (51.20)
|
50.76 (49.88)
|
RCJ/RKS –Daily Crude oil price-
12.04.2012