Pages

Thursday, 25 July 2013

Global crude oil price of Indian Basket fall to US$ 105.95/bbl on 24-07-2013


The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas fell to US$ 105.95/per barrel (bbl) on 24.07.2013. This was lower than the price of US$ 106.27/bbl prevailing on the previous trading day of 23.07.2013.

In rupee terms also, the crude oil price went down to Rs 6298.73/bbl on 24.7.2013 as compared to Rs 6343.26/bbl on 23.07.2013. This was due to fall in price in dollar terms.  Rupee depreciation wiped out a significant part of the gains. The rupee dollar exchange rate on 24.07.2013 was Rs 59.45/US$ against Rs 59.69/US$ on previous trading day of 23.07.2013. 
                       
The table below gives details in this regard:
                                         
Particulars
Unit
Price on July 24, 2013
(previous trading day
i.e. 23.07.2013)
Last Fortnight July 1-15, 2013(previous fortnight i.e. June 16-30, 2013)
Crude Oil
(Indian Basket)

($/bbl)
105.95      (106.27 )

103.73       (101.24)
(Rs/bbl
6298.73    (6343.26)
6222.76     (6009.61)
Exchange Rate
(Rs/$)
59.45        (59.69)
59.99        (59.36)

  RCJ/RKS –Daily Crude oil price- 25.07.2013        (PIB)

No comments: