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$ 109.66/barrel (bbl) on 03.01.2013. This was higher than the price of US$ 109.39//bbl prevailing on the previous trading day of 02.01.2013.

In rupee terms also, the crude oil price went up marginally to Rs 5967.70/bbl on 03.01.2013 from Rs 5949.72/bbl on 02.01.2013. This increase was due to price increase in dollar terms as rupee depreciation moderated most of the increase. Rupee dollar-exchange rate on 03.01.2013 at Rs54.42/US$ against Rs 54.39/US$ on previous trading day of 02.01.2013.

The table below gives details in this regard:

Particulars
Unit
Price on 03 January,2013
(previous trading day i.e. 02.01-2013)
Last Fortnight December 16-31, 2012
(previous fortnight
1-15, December 2012)
Crude Oil
(Indian Basket)
($/bbl)
109.66(109.39)
107.76 (106.85)
( Rs/bbl

RCJ/RKS -Daily Crude oil price- 04.01.2013

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