Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
News

Home News News and Press Release Month 10 2012 2012 (10) This

International Crude Oil Prices of Indian Basket Marginally Rises to US$ 112.60/bbl on 11.10.2012

12-10-2012
  • Contents

Press Information Bureau

Government of India

Ministry of Petroleum & Natural Gas

12-October-2012 15:44 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 increased to US$ 112.60/barrel (bbl) on 11.10.2012. This was higher than US$ 112.30/bbl on the previous trading day’s figures 10.10.2012.

In rupee terms also, the crude oil price increased to Rs 5975.68 per bbl on 11.10.2012 as compared to Rs 5956.39 per bbl on 10.10.2012. This was due to rise in price in dollar terms and rupee depreciation with rupee-dollar exchange rate on 11.10.2012 at Rs 53.07/US$ against Rs 53.04/US$ on 10.10.2012. 

The table below gives details in this regard

Particulars

Unit

Price on 11 October,2012 (previous trading day

i.e. 10.10.2012)

Last Fortnight

September 16-30,2012

(previous fortnight

1-15 September, 2012)

Crude Oil

(Indian Basket)

($/bbl)

112.60        (112.30)

109.91  (113.64)

(Rs/bbl

5975.68      (5956.39)

5896.67(6303.61)

Exchange Rate

(Rs/$)

53.07          (53.04)

53.65    (55.47)

RCJ/RKS –Daily Crude oil price- 11.10.2012 

Quick Updates:Latest Updates