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International Crude Oil Price of Indian Basket Declines to US$ 111.79/BBL on 17.10.2012 |
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| 19-10-2012 | ||||||||||||||||
Press Information Bureau Government of India Ministry of Petroleum & Natural Gas 18-October-2012 15:59 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 decreased to US$ 111.79/barrel (bbl) on 17.10.2012. This was lower than US$ 112.45/bbl on the previous trading day’s figures 16.10.2012. In rupee terms also, the crude oil price went down to Rs 5896.92 per bbl on 17.10.2012 as compared to Rs 5939.61 per bbl on 16.10.2012. This was due to fall in crude oil prices dollar terms and helped by rupee appreciation with rupee-dollar exchange rate on 17.10.2012 at Rs 52.75/US$ against Rs 52.82US$ on 15.10.2012. The table below gives details in this regard:
RCJ/RKS –Daily Crude oil price- 18.10.2012 |
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