Tuesday, July 23, 2013

Global crude oil price of Indian Basket raises to US$ 106.74/ bbl on 19.07.2013




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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 up to US$ 106.74 /per barrel (bbl) on 19.07.2013. This was higher than the price of US$ 106.46 /bbl prevailing on the previous trading day of 18.07.2013.

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?In rupee terms also, the crude oil price has increased alongside the trend to reach Rs 6383.05/bbl on 19.7.2013 as compared to Rs 6356.73. /bbl on 18.07.2013. This was due to price increase in dollar terms and further fueled by rupee depreciation. The rupee dollar exchange rate on 19.07.2013 was Rs 59.80/US$ against Rs 59.71/US$ on previous trading day of 18.07.2013.?

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The table below gives details in this regard:

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Particulars

Unit

Price on July 19, 2013

(previous trading day

i.e. 18.07.2013)

Last Fortnight July 1-15, 2013(previous fortnight? i.e. June 16-30, 2013)

Crude Oil

(Indian Basket)

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($/bbl)

106.74??? (106.46)

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103.73??? ???(101.24)

(Rs/bbl

6383.05? (6356.73)

6222.76???? (6009.61)

Exchange Rate

(Rs/$)

59.80? ????(59.71)

59.99??????? (59.36)

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??RCJ/RKS ?Daily Crude oil price- 22.07.2013????????


(Release ID :97330)

Source: http://pib.nic.in/newsite/erelease.aspx?relid=97330

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