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International Crude Oil Prices of Indian Basket Inches up on 11.9.2012 to US$ 113.65/BBL

New Delhi: September 12,2012

 

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 went up to US$ 113.65/barrel (bbl) on 11.9.2012. The price was higher than US$ 113.30/bbl on 10.09.2012, the last trading day.

 

In rupee terms also, the crude oil price rose to Rs 6309.85 per bbl on 11.09.2012 as compared to Rs 6270.02 per bbl on 10.09.2012. This was due to rise in  price in dollar terms and rupee depreciation with rupee-dollar exchange rate on 11.09.2012 at Rs 55.52/US$ against Rs 55.34/US$ on 10.09.2012. 

                                                                                                     

            The table below gives details in this regard:

 

Particulars

Unit

Price on 11 September,2012 (previous trading day

i.e. 10.9.2012)

Last Fortnight

August 16-31, 2012

(previous fortnight

1-15 August, 2012)

Crude Oil

(Indian Basket)

($/bbl)

         113.65     (113.30)          

      112.39    (107.74)          

(Rs/bbl

       6309.85   (6270.02)    

    6250.01  (5981.72)    

Exchange Rate

(Rs/$)

           55.52       (55.34)        

        55.61     (55.52)                   

 
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