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 down to US$ 108.25/barrel (bbl) on 14.01.2013. This was lower than the price of US$ 108.63/bbl prevailing on the previous trading day of 11.01.2013.

In rupee terms the crude oil price fell marginally to Rs 5914.78/bbl on 14.01.2013 from Rs 5924.68/bbl on 11.01.2013. This was due to fall in price in dollar terms while rupee depreciation eroded same of gains. Rupee dollar-exchange rate on 14.01.2013 at Rs54.64/US$ against Rs 54.54/US$ on 11.01.2013.

The table below gives details in this regard:

Particulars
Unit
Price on 14 January, 2013
(previous trading day i.e. 11.01.2013)
Last Fortnight December 16-31, 2012
(previous fortnight
1-15, December 2012)
Crude Oil
(Indian Basket)
($/bbl)
108.25(108.63)
107.76 (106.85)
( Rs/bbl
5914.78(5924.68)
5912.79 (5815.85)
Exchange Rate
( Rs/$)
54.64(54.54)
54.87 (54.43)

RCJ/RKS -Daily Crude oil price- 15.01.2013

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