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

Global crude oil price of Indian basket rises to US$ 107.33/bbl on 25.10.2012

26-10-2012
  • Contents

Press Information Bureau

Government of India

Ministry of Petroleum & Natural Gas

26-October-2012 12:28 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$.107.33/barrel (bbl) on 25.10.2012. This was higher than US$ 107.17/bbl on the previous trading day’s figures of 24.10.2012.

In rupee terms also, the crude oil price increased to Rs 5756.11 per bbl on 25.10.2012 as compared to Rs 5743.24 per bbl on 24.10.2012. This was due to price rise in dollar terms and helped by marginal rupee depreciation with rupee-dollar exchange rate on 25.10.2012 at Rs 53.63 /US$ against Rs 53.59 /US$ on 24.10.2012.

The table below gives details in this regard:    

Particulars

Unit

Price on 25 October, 2012 (previous trading day

i.e. 24.10.2012)

Last Fortnight

October  1-15,2012

(previous fortnight

16-30 September, 2012)

Crude Oil

(Indian Basket)

($/bbl)

                  107.33 (107.17)                 

 110.56    (109.91)                

(Rs/bbl

                 5756.11(5743.24)           

5806.61 (5896.67)  

Exchange Rate

(Rs/$)

                    53.63 (53.59)          

    52.52     (53.65)                         

 RCJ/RKS –Daily Crude oil price- 26.10.2012

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