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 fell sharply to US$ 103.17/barrel (bbl) on 11.04.2013. This was lower than the price of US$ 104.02/bbl prevailing on the previous trading day of 10.04.2013.
In rupee terms also, the crude oil price went down to Rs 5625.86/bbl on 11.04.2013 as compared to Rs 5672.21/bbl on 10.04.2013. This was due to fall in price in dollar terms. Rupee dollar exchange rate on 11.04.2013 at Rs 54.53/US$ was same as prevalent on previous trading day of 10.04.2013.
The table below gives details in this regard:
Particulars |
Unit |
Price on April 11, 2013 (previous trading day i.e. 10.04.2013) |
Last Fortnight March 16-31, 2013 (previous fortnight i.e. Mar 1-15, 2013) |
(Indian Basket) |
($/bbl) |
103.17 (104.02) |
105.95 (106.86) |
(Rs/bbl |
5625.86 (5672.21) |
5752.03 (5822.80) |
|
(Rs/$) |
54.53 (54.53) |
54.29 (54.49)
|