Print
XClose
Press Information Bureau
Government of India
Ministry of Petroleum & Natural Gas
24-September-2013 17:20 IST
Global Crude oil price of Indian Basket declines to US$ 107.47/bbl on 20.09.2013

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 down to US$ 107.47/per barrel (bbl) on 23.09.2013. This was lower than the price US$ 108.30/bbl on the previous trading day of 20.09.2013. 

In rupee terms also, the crude oil price declined to Rs 6719.02 per bbl on 23.09.2013 as compared to Rs 6740.59 /bbl on 20.9.2013. This was due to fall in price in dollar terms though rupee depreciation wiped out a part of the gains. Rupee dollar exchange rate on 23.09.2013 at Rs 62.52/US$ against Rs 62.24/bbl on previous trading day of 20.09.2013. 

The table below gives details in this regard:

Particulars

Unit

Price on September 23, 2013

(previous trading day i.e. 20.09.2013)

Last Fortnight September 1-15,2013

(previous fortnight  i.e. August 16-31, 2013)

Crude Oil (Indian Basket)

($/bbl)

       107.47         (108.30)         

  111.30                 (110.09)               

(Rs/bbl

     6719.02       (6740.59)              

7263.44               (7145.94) 

Exchange Rate

  (Rs/$)

         62.52          ( 62.24)          

    65.26                  (64.91)     

 

  RCJ/RKS –Daily Crude oil price- 24.09.2013