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Home News News and Press Release Month 6 2012 2012 (6) This

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International Crude oil Price of Indian Basket Same on 05.06.2012 toUS$ 98.49/BBL

6-6-2012

Contents

Press Information Bureau

Government of India

Ministry of Petroleum & Natural Gas

06-June-2012 16:36 IST

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 has been taken at the same rate as recorded on 04.06.2012 which was US$ 98.49/barrel (bbl).

In rupee terms, however, the crude oil price was marginally higher at Rs 5472.10 on 05.06.2012 as compared to Rs 5468.16 per bbl on 04.06.2012. This was due to increased rupee depreciation with rupee-dollar exchange rate on 05.06.2012 at Rs 55.56/US$ against Rs 55.52//US$ on 4.06.2012.

The table below gives details in this regard :

Particulars	Unit	Price on 05 June, 2012 (previous trading day i.e.04.6.2012)	Last Fortnight May 16-31, 2012 (previous fortnight May 1-15, 2012)
Crude Oil (Indian Basket)	($/bbl)	98.49 (98.49)	105.57 (111.15)
Crude Oil (Indian Basket)	(Rs/bbl)	5472.10 (5468.16)	5844.36 (5957.89)
Exchange Rate	(Rs/$)	55.56 (55.52)	55.36 (53.41)

RCJ/RKS –Daily Crude oil price- 06.06.2012

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