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 sharply to US$ 101.98/per barrel (bbl) on 21.05.2013. This was lower than the price of US$ 102.50/bbl prevailing on the previous trading day of 20.05.2013.
In rupee terms also the crude oil price went down to Rs 5612.98per bbl on 21.05.2013 as compared to Rs 5641.60 /bbl on 20.05.2013. This was due to price increase in dollar terms. Rupee dollar exchange rate on 21.05.2013 at Rs 55.04/US$ was same as prevailing on previous trading day of 20.05.2013.
The table below gives details in this regard:
Particulars
|
Unit
|
Price on May 21, 2013
(previous trading day
i.e. 20.05.2013)
|
Last Fortnight May 1-15, 2013(previous fortnight i.e. April 16-30, 2013)
|
Crude Oil
(Indian Basket)
|
($/bbl)
|
101.98 (102.50)
|
101.21 (99.38)
|
(Rs/bbl
|
5612.98 (5641.60)
|
5497.73 (5385.40)
| |
Exchange Rate
|
(Rs/$)
|
55.04 (55.04)
|
54.32 (54.19)
|
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