7 May 2014

Global crude oil price of Indian Basket decrease marginally

Global crude oil price of Indian Basket decrease marginally to US$ 105.36 per bbl on 06.05.2014
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 went down to US$ 105.36 per barrel (bbl) on 06.05.2014. This was lower than the price of US$ 106.02 per bbl on previous publishing day of 05.05.2014
In rupee terms, the price of Indian Basket decreased marginally to Rs 6342.67 per bbl on 06.05.2014 as compared to Rs 6366.50 per bbl on 05.05.2014.  Rupee closed weaker at Rs 60.20 per US$ on 06.05.2014 as against Rs 60.05 per US$ on 05.05.2014. 
The table below gives details in this regard:
Particulars    
Unit
Price on May 06, 2014 (Previous trading day i.e. 05.05.2014)                                                                   
Pricing Fortnight for 01.05.2014 (April 11 to April 28 , 2014)
Crude Oil (Indian Basket)
($/bbl)
      105.36              (106.02)
  106.81
(Rs/bbl
       6342.67             (6366.50)
6466.28
Exchange Rate
  (Rs/$)
       60.20                (60.05)         
    60.54

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