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Global crude oil price of Indian Basket increases to US$ 112.50/bbl on 01.02.2013

4-2-2013

Contents

Press Information Bureau

Government of India

Ministry of Petroleum & Natural Gas

04-February, 2013 16:22 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 up to US$ 112.50/barrel (bbl) on 01.02.2013. This was higher than the price of US$ 112.39/bbl prevailing on the previous trading day of 31.01.2013.

In rupee terms also, the crude oil price increased to Rs 5998.50/bbl on 01.02.2013 as compared to Rs 5989.26/bbl on 31.01.2013. This was due to rupee depreciation as rupee dollar-exchange rate on 01.02.2013 at Rs 53.32/US$ against Rs 53.29/US$ on previous trading day of 31.01.2013

The table below gives details in this regard:

Particulars	Unit	Price on 01 February, 2013 (previous trading day i.e. 31.01.2013)	Last Fortnight January 16-31, 2013 (previous fortnight i.e.1-15, January2013)
Crude Oil (Indian Basket)	($/bbl)	112.50 (112.39)	109.95 (109.08)
Crude Oil (Indian Basket)	(Rs/bbl	5998.50 (5989.26)	5926.31(5969.95)
Exchange Rate	(Rs/$)	53.32 (53.29)	53.90 (54.73)

RCJ/RKS –Daily Crude oil price- 04.02.2013

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