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Home News News and Press Release Month 12 2012 2012 (12) This

Global crude oil price of Indian Basket rebounds to 106.40 US$ /bbl on 12.12.2012

13-12-2012
  • Contents

Press Information Bureau

Government of India

Ministry of Petroleum & Natural Gas

13-December-2012 16:30 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 rose sharply to US$ 106.40/barrel (bbl) on 12.12.2012. This was higher than to US$ 105.29/bbl on the previous trading day’s figures of 11.12.2012. 

In rupee terms also, the crude oil price increased to Rs 5774.33/bbl on 12.12.2012 from Rs 5719.35/bbl on 11.12.2012. This was due to price increase in dollar terms. Rupee dollar-exchange rate on 12.12.2012 was Rs 54.27/US$ against Rs 54.32/US$ on previous trading day of 11.12.2012.

The table below gives details in this regard:  

Particulars

Unit

Price on 12 December, 2012

(previous trading day

i.e. 11.12.2012)

Last Fortnight November  16-30, 2012

(previous fortnight

01-15, November 2012)

Crude Oil

(Indian Basket)

($/bbl)

106.40         (105.29)

108.94     (106.69)

(Rs/bbl

5774.33       (5719.35)

6010.22   (5797.53)

Exchange Rate

(Rs/$)

54.27           (54.32)

55.17       (54.34)

RCJ/RKS –Daily Crude oil price- 13.12.2012

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