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Home News News and Press Release Month 1 2013 2013 (1) This

Global crude oil price of Indian Basket Declines on 18.01.2013 to US$ 108.92/bbl

21-1-2013
  • Contents

Press Information Bureau

Government of India

Ministry of Petroleum & Natural Gas

21-January, 2013 17:46 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 went down to US$ 108.92/barrel (bbl) on 18.01.2013. This was higher than the price of US$ 107.92/bbl prevailing on the previous trading day of 16.01.2013.

In rupee terms, on the contrary the crude oil price fell to Rs 5876.23/bbl on 18.01.2013 from Rs 5917.25/bbl on 16.01.2013. This was due to rupee appreciation with rupee dollar-exchange rate on 18.01.2013 at Rs 53.95 /US$ against Rs 54.83/US$ on 16.01.2013.

The table below gives details in this regard:

Particulars

Unit

Price on 18 January, 2013

(previous trading day

i.e. 16.01.2013)

Last Fortnight January  1-15, 2013

(previous fortnight

16-31, December 2012)

Crude Oil

(Indian Basket)

($/bbl)

108.92    (107.92)

109.08   (107.76)

(Rs/bbl

5876.23  (5917.25)

5969.95 (5912.79)

Exchange Rate

(Rs/$)

53.95      (54.83)

54.73     (54.87)

 

RCJ/RKS –Daily Crude oil price- 21.01.2013

 

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