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 slightly decreased to US$ 98.37/barrel
(bbl) on 7.6.2012.This is marginally lower than US$ 98.59/bbl, on the last trading
day’s figures 6.6.2012.
In rupee terms, also, the crude oil price was lower at Rs
5425.11 on 07.06.2012 as compared to Rs 5471.75
per bbl on 06.06.2012. This was due to decrease in crude oil price in
dollar terms as also on account of rupee appreciation with rupee-dollar
exchange rate on 07.06.2012 at Rs
55.15 /US$ against Rs 55.50/US$
on 6.06.2012.
The
table below gives details in this regard :
|
Particulars
|
Unit
|
Price on 07 June, 2012 (previous trading day
i.e.06.6.2012)
|
Last Fortnight
May 16-31, 2012
(previous fortnight
May 1-15, 2012)
|
|
Crude Oil (Indian Basket)
|
($/bbl)
|
98.37 (98.59)
|
105.57 (111.15)
|
|
(Rs/bbl)
|
5425.11(5471.75)
|
5844.36 (5957.89)
|
|
Exchange Rate
|
(Rs/$)
|
55.15 (55.50)
|
55.36
(53.41)
|
RCJ/RKS –Daily Crude oil price- 08.06.2012