- 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 was steady of US$ 106.31 per barrel (bbl)on 12.02.2014.
- This was though a fraction higher than the price of US$106.29 per bbl on previous trading day of 11.02.2014.
- In rupee terms however, the price of Indian Basket declined to Rs 6605.04 per bbl on 12.02.2014 as compared to Rs 6636.75 per bbl on 11.02.2014.
- This was due to rupee appreciation Rupee closed stronger at Rs 62.13 per US$ on 12.02.2014 against Rs 62.44 per US$ on 11.02.2014.
The table below gives details in this regard:
Particulars
|
Unit
|
Price on February 12, 2014(Previous trading day i.e. 11.02.2014)
|
For Pricing Fortnight January 14 to 29, 2014 (Effective 1.2.2014)
|
Crude Oil (Indian Basket)
|
($/bbl)
|
106.31 (106.29)
|
105.17
|
(Rs/bbl
|
6605.04 (6636.75)
|
6517.38
| |
Exchange Rate
|
(Rs/$)
|
62.13 (62.44)
|
61.97
|
RCJ/Daily Crude oil price- 13.02.2014
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