‘20’
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 increased to US$ 98.04/barrel
(bbl) on 04.7.2012.The price was higher than US$ 97.08 /bbl on the
previous trading day of 3.7.2012.
In rupee terms also, the crude oil price increased to Rs 5348.08
per bbl on 04.07.2012 from Rs 5320.95
per bbl on 3.07.2012. This was due to price increase in dollar terms
despite rupee appreciation with rupee-dollar exchange rate on 04.07.2012 at Rs 54.55/US$ against Rs 54.81
/US$ on 3.07.2012.
The
table below gives details in this regard:
|
Particulars
|
Unit
|
Price on 04 July, 2012 (previous trading day
i.e. 3.7.2012)
|
Last Fortnight
June 16-30, 2012
(previous fortnight
June 1-15, 2012)
|
|
Crude Oil
(Indian Basket)
|
($/bbl)
|
98.04 (97.08)
|
92.08
(97.24)
|
|
(Rs/bbl)
|
5348.08 (5320.95)
|
5201.60 (5407.52)
|
|
Exchange Rate
|
(Rs/$)
|
54.55 (54.81)
|
56.49
(55.61)
|
RCJ/RKS –Daily Crude oil price- 05.07.2012
(Release ID :85189)