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Global crude oil price of Indian Basket Declines on 28.01.2013 to US$ 110.35/bbl

30-1-2013

Contents

Press Information Bureau

Government of India

Ministry of Petroleum & Natural Gas

29-January, 2013 12:06 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 went down to US$ 110.35/barrel (bbl) on 28.01.2013. This was lower than the price of US$ 110.64/bbl prevailing on the previous trading day of 25.01.2013.

In rupee terms also, the crude oil price fell marginally to Rs 5946.76/bbl on 28.01.2013 as compared to Rs 5957.96/bbl on 25.01.2013. This was due to fall in price in dollar terms. Rupee dollar-exchange rate on 28.01.2013 at Rs 53.89/US$ against Rs 53.85/US$ on previous trading day of 25.01.2013.

The table below gives details in this regard:

Particulars	Unit	Price on 28 January, 2013 (previous trading day i.e. 25.01.2013)	Last Fortnight January 1-15, 2013 (previous fortnight 16-31, December 2012)
Crude Oil (Indian Basket)	($/bbl)	110.35 (110.64)	109.08 (107.76)
Crude Oil (Indian Basket)	(Rs/bbl	5946.76 (5957.96)	5969.95 (5912.79)
Exchange Rate	(Rs/$)	53.89 (53.85)	54.73 (54.87)

RCJ/RKS –Daily Crude oil price- 29.01.2013

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