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 sharply to US$ 109.20/barrel (bbl) on 21.9.2012. The price was higher
than US$ 106.74/bbl on 20.09.2012, the last trading day.
In rupee terms
also, the crude oil price went up to Rs 5886.97 per bbl on 21.09.2012 from Rs 5800.25 per bbl on 20.09.2012. This was due to rise
in prices in dollar terms though moderated by rupee appreciation. The rupee-dollar
exchange rate on 21.09.2012 was at Rs 53.91/US$ against Rs 54.34/US$ on 20.09.2012.
The table below gives details in this regard:
|
Particulars
|
Unit
|
Price on 21 September,2012
(previous trading day
i.e. 20.9.2012)
|
Last Fortnight
September 01-15, 2012
(previous fortnight
16-31 August, 2012)
|
|
Crude Oil
(Indian Basket)
|
($/bbl)
|
109.20(106.74)
|
113.64 (112.39)
|
|
(Rs/bbl
|
5886.97 (5800.25)
|
6303.61 (6250.01)
|
|
Exchange Rate
|
(Rs/$)
|
53.91 (54.34)
|
55.47 (55.61)
|
RCJ/RKS –Daily Crude oil
price- 24.09.2012