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Global crude oil price of Indian basket increases to US$ 106.49/bbl on 06.11.2012

New Delhi: November 7,2012

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 bounced back with a sharp rise to US$.106.49/barrel (bbl) on 6.11.2012.With this, price was higher by $ 2.27/bbl on 6.11.2012 as compared to US$104.22/bbl on the previous trading day’s figures of 5.11.2012.

 

In rupee terms also, crude oil price increased substantially to Rs 5814.35 per bbl on 06.11.2012 as compared to Rs 5636.22 per bbl on 05.11.2012. This was due to rise in price in dollar terms and rupee depreciation with rupee-dollar exchange rate on 06.11.2012 at  Rs 54.60/US$ against Rs 54.08/US$ on 05.11.2012.

 

Particulars

Unit

Price on 06 November, 2012 (previous trading day

i.e. 05.11.2012)

Last Fortnight

October  16-31,2012

(previous fortnight

1-15 October, 2012)

Crude Oil

(Indian Basket)

($/bbl)

106.49     (104.22)

109.01           (110.56)

(Rs/bbl

5814.35   (5636.22)

5834.22       (5806.61)

Exchange Rate

(Rs/$)

54.60      (54.08)

53.52            (52.52)

 
PIB Release/DL/976

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