International Crude Oil Prices of Indian Basket
Rises on 05.07.2012 to US$ 99.40/BBL
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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 further to US$ 99.40/barrel (bbl) on 05.7.2012.The price
was higher than US$ 98.04 /bbl on the previous trading day of 4.7.2012.
In rupee terms also, the crude oil price increased to Rs
5469.98 per bbl on 05.07.2012
from
Rs
5348.08 per bbl on 4.07.2012. This was due to price increase in dollar
terms rupee depreciation with rupee-dollar exchange rate
on 05.07.2012 at
Rs
55.03/US$ against
Rs
54.55 /US$ on 4.07.2012.
The table below gives details in this regard:
|
Particulars
|
Unit
|
Price on 05 July, 2012 (previous trading day
i.e. 4.7.2012)
|
Last Fortnight
June 16-30, 2012
(previous fortnight
June 1-15, 2012)
|
|
Crude Oil
(Indian Basket)
|
($/bbl)
|
99.40
(98.04)
|
92.08
(97.24)
|
|
(Rs/bbl)
|
5469.98
(5348.08)
|
5201.60
(5407.52)
|
|
Exchange Rate
|
(Rs/$)
|
55.03
(54.55)
|
56.49
(55.61)
|
RCJ/RKS –Daily Crude oil price- 06.07.2012