Crude Oil International Price of Indian Crude Basket for January 2014

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Crude Oil International Price of Indian Crude Basket for the month of January 2014

Crude Oil International Price of Indian Crude Basket for the month of January 2014

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  • 1. Crude Oil International Price of Indian Crude Basket for January 2014 Source: http://pib.nic.in/newsite/erelease.aspx
  • 2. The International Crude Oil Price of Indian Basket computed/published by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas for January 2014. Date 30 Jan 2014 29 Jan 2014 28 Jan 2014 27 Jan 2014 24 Jan 2014 23 Jan 2014 22 Jan 2014 21 Jan 2014 20 Jan 2014 17 Jan 2014 16 Jan 2014 15 Jan 2014 14 Jan 2014 10 Jan 2014 09 Jan 2014 07 Jan 2014 06 Jan 2014 03 Jan 2014 02 Jan 2014 01 Jan 2014 Crude Oil Indian Basket ($/bbl) 105.5 105.26 105.3 105.56 105.83 106.25 105.8 105.51 104.83 104.52 104.41 104.31 104.46 104.77 105.11 105.11 104.96 105.65 107.87 108.76 (Rs/bb) 6618.02 6547.17 6632.85 6619.67 6580.15 6586.44 6551.14 6493.09 6460.67 6412.3 6424.35 6424.45 6426.38 6489.45 6535.74 6556.76 6542.16 6593.62 6677.15 6735.51 Exchange Rate (Rs/$) 62.73 62.20 62.99 62.71 62.18 61.99 61.92 61.54 61.63 61.35 61.53 61.59 61.52 61.94 62.18 62.38 62.33 62.41 61.90 61.93
  • 3. Global crude oil price of Indian Basket rises to US$ 105.50 per bbl on 30.1.2014 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 up to US$ 105.50 per barrel (bbl) on 30.01.2014. This was higher than the price of US$ 105.26 per bbl on previous trading day of 29.01.2014 In rupee terms also price of Indian Basket resumed rising trend with price reaching Rs 6618.02 per bbl on 30.01.2014 as compared to Rs 6547.17 per bbl on 29.01.2014. This was due to rise in price in dollar terms and also because of rupee depreciation. Rupee closed weaker at Rs 62.73 per US$ on 30.01.2014 against Rs 62.20 per US$ on 29.01.2014. The table below gives details in this regard: Particulars Unit Crude Oil (Indian Basket) ($/bbl) Exchange Rate (Rs/$) Price on January 30, 2014(Previous trading day i.e. 29.01.2014) (Rs/bbl 105.50 6618.02 62.73 106.18 6590.59 (6547.17) RCJ/Daily Crude oil price- 31.01.2014 (Release ID :102907) (105.26) For Pricing Fortnight 28.12.2014 to 13.1.2014 (Effective 16.1.2014) (62.20 ) 62.07
  • 4. Global Crude Oil Price of Indian Basket Marginally Declines to US$ 105.26 per bbl on 29.1.2014, Stronger Indian Currency Leads to Greater Fall in Rupee Terms 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$ 105.26 per barrel (bbl) on 29.01.2014. This was lower than the price of US$ 105.30 per bbl on previous trading day of 28.01.2014 In rupee terms however the fall in oil price of Indian Basket was more pronounced closing at to Rs 6547.17 per bbl on 29.01.2014 as compared to Rs 6632.85 per bbl on 28.01.2014. This was mainly due to rupee appreciation. Rupee closed stronger at Rs 62.20 per US$ on 29.01.2014 against Rs 62.99 per US$ on 28.01.2014. The table below gives details in this regard: Particulars Unit Crude Oil (Indian Basket) ($/bbl) (Rs/bbl Price on January 29, 2014(Previous trading day i.e. 28.01.2014) 105.26 6547.17 (6632.85) Exchange Rate (Rs/$) RCJ/Daily Crude oil price- 30.01.2014 (Release ID :102845) (105.30) 62.20 For Pricing Fortnight 28.12.2014 to 13.1.2014 (Effective 16.1.2014) 106.18 6590.59 (62.99) 62.07
  • 5. Global Crude Oil Price of Indian Basket Marginally Declines to US$ 105.30 per bbl on 28.1.2014, Inches Up in Rupee Terms on Account of Weaker Currency 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$ 105.30 per barrel (bbl) on 28.01.2014. This was lower than the price of US$ 105.56 05.83 per bbl on previous trading day of 27.01.2014 In rupee terms, on the contrary also, the crude oil price of Indian Basket increased to Rs 6632.85 per bbl on 28.01.2014 as compared to Rs 6619.67 per bbl on 27.01.2014. This was due to rupee depreciation which completely wiped out the gains of fall in price in dollar terms. Rupee closed weaker at Rs 62.99 per US$ on 28.01.2014 against Rs 62.71 per US$ on 27.01.2014. The table below gives details in this regard: Particulars Unit Crude Oil (Indian Basket) ($/bbl) Exchange Rate (Rs/$) (Rs/bbl Price on January 28, 2014(Previous trading day i.e. 27.01.2014) 105.30 6632.85 (105.56) RCJ/Daily Crude oil price- 29.01.2014 106.18 6590.59 (6619.67) 62.99 For Pricing Fortnight 28.12.2014 to 13.1.2014 (Effective 16.1.2014) (62.71) 62.07
  • 6. Global crude oil price of Indian Basket marginally declines to US$ 105.56 per bbl on 27.1.2014, weaker rupee leads to rise in price in rupee terms 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$ 105.56 per barrel (bbl) on 27.01.2014. This was lower than the price of US$ 105.83 per bbl on previous trading day of 24.01.2014 In rupee terms, on the contrary also, the crude oil price of Indian Basket increased to Rs 6619.67 per bbl on 27.01.2014 as compared to Rs 6580.51 per bbl on 24.01.2014. This was due to rupee depreciation which completely wiped out the gains of fall in price in dollar terms. Rupee closed weaker at Rs 62.71 per US$ on 27.01.2014 against Rs 62.18 per US$ on 24.01.2014. The table below gives details in this regard: Particulars Unit Crude Oil (Indian Basket) ($/bbl) Exchange Rate (Rs/$) Price on January 27, 2014(Previous trading day i.e. 24.01.2014) (Rs/bbl 105.56 6619.67 (105.83) (6580.51) 62.71 RCJ/Daily Crude oil price- 28.01.2014 For Pricing Fortnight 28.12.2014 to 13.1.2014 (Effective 16.1.2014) 106.18 6590.59 (62.18) 62.07
  • 7. Global Crude Oil Price of Indian Basket Declines to US$ 105.83 per bbl on 24.1.2014 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$ 105.83 per barrel (bbl) on 24.01.2014. This was lower than the price of US$ 106.25 per bbl on previous trading day of 23.01.2014 In rupee terms also, the crude oil price of Indian Basket decreased to Rs 6580.51 per bbl on 24.01.2014 as compared to Rs 6586.44 per bbl on 23.01.2014. This was due to price decrease in dollar terms and also spurred on by rupee depreciation. Rupee closed weaker at Rs 62.18 per US$ on 24.01.2014 against Rs 61.99 per US$ on 23.01.2014. The table below gives details in this regard: Particulars Unit Crude Oil (Indian Basket) ($/bbl) (Rs/bbl Price on January 24, 2014(Previous trading day i.e. 23.01.2014) 105.83 6580.51 (106.25) (6586.44) Exchange Rate (Rs/$) RCJ/Daily Crude oil price- 27.01.2014 62.18 For Pricing Fortnight 28.12.2014 to 13.1.2014 (Effective 16.1.2014) 106.18 6590.59 (61.99) 62.07
  • 8. Global Crude Oil Price of Indian Basket Increases to US$ 106.25 per bbl on 23.1.2014 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 up to US$ 106.25 per barrel (bbl) on 23.01.2014. This was higher than the price of US$ 105.80 per bbl on previous trading day of 22.01.2014 In rupee terms also, the crude oil price of Indian Basket rose to Rs 6586.44 per bbl on 23.01.2014 as compared to Rs 6551.14 per bbl on 22.01.2014. This was due to price increase in dollar terms and also spurred on by rupee depreciation. Rupee closed weaker at Rs 61.99 per US$ on 22.01.2014 against Rs 61.92 per US$ on 21.01.2014. The table below gives details in this regard: Particulars Unit Crude Oil (Indian Basket) ($/bbl) (Rs/bbl Price on January 23, 2014(Previous trading day i.e. 22.01.2014) 106.25 6586.44 (105.80) (6551.14) Exchange Rate (Rs/$) RCJ/Daily Crude oil price- 24.01.2014 61.99 For Pricing Fortnight 28.12.2014 to 13.1.2014 (Effective 16.1.2014) 106.18 6590.59 (61.92) 62.07
  • 9. Global crude oil price of Indian Basket rises to US$ 105.80 per bbl on 22.1.2014 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 increased to US$ 105.80 per barrel (bbl) on 22.01.2014. This was higher than the price of US$ 105.51 per bbl on previous trading day of 21.01.2014 In rupee terms also, the crude oil price of Indian Basket rose to Rs 6551.14 per bbl on 22.01.2014 as compared to Rs 6493.09 per bbl on 21.01.2014. This was due to price increase in dollar terms and also spurred on by rupee depreciation. Rupee closed weaker at Rs 61.92 per US$ on 22.01.2014 against Rs 61.54 per US$ on 21.01.2014. The table below gives details in this regard: Particulars Unit Crude Oil (Indian Basket) ($/bbl) Exchange Rate (Rs/$) Price on January 22, 2014(Previous trading day i.e. 21.01.2014) (Rs/bbl 105.80 6551.14 (105.51) RCJ/Daily Crude oil price- 23.01.2014 106.18 6590.59 (6493.09) 61.92 For Pricing Fortnight 28.12.2014 to 13.1.2014 (Effective 16.1.2014) (61.54) 62.07
  • 10. Global crude oil price of Indian Basket rises further close at US$ 105.51 per bbl on 21.1.2014 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 continued its rising trend with price reaching US$ 105.51 per barrel (bbl) on 21.01.2014. This was higher than the price of US$ 104.83 per bbl on previous trading day of 20.01.2014 In rupee terms also, the crude oil price of Indian Basket increased to Rs 6493.09 per bbl on 21.01.2014 as compared to Rs 6460.67 per bbl on 20.01.2014. This was due to price increase in dollar terms through rupee appreciation reduced the impact in rupee terms. Rupee closed weaker at Rs 61.54 per US$ on 21.01.2014 against Rs 61.63 per US$ on 20.01.2014. The table below gives details in this regard: Particulars Unit Crude Oil (Indian Basket) ($/bbl) Exchange Rate (Rs/$) Price on January 21, 2014(Previous trading day i.e. 20.01.2014) (Rs/bbl 105.51 6493.09 (104.83) RCJ/Daily Crude oil price- 22.01.2014 106.18 6590.59 (6460.67) 61.54 For Pricing Fortnight 28.12.2014 to 13.1.2014 (Effective 16.1.2014) (61.63) 62.07
  • 11. Global crude oil price of Indian Basket increases further to US$ 104.83 per bbl on 20.1.2014 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 increased to US$ 104.83 per barrel (bbl) on 20.01.2014. This was higher than the price of US$ 104.52 per bbl on previous trading day of 17.01.2014 In rupee terms also, the crude oil price of Indian Basket increased to Rs 6460.67 per bbl on 20.01.2014 as compared to Rs 6412.30 per bbl on 17.01.2014. This was due to price increase in dollar terms and also because of rupee depreciation. Rupee closed weaker at Rs 61.63 per US$ on 20.01.2014 against Rs 61.35 per US$ on 17.01.2014. The table below gives details in this regard: Particulars Unit Crude Oil (Indian Basket) Price on January 20, 2014(Previous trading day i.e. 17.01.2014) ($/bbl) (Rs/bbl 104.83 6460.67 RCJ/Daily Crude oil price- 21.01.2014 61.63 106.18 6590.59 (6412.30) Exchange Rate (Rs/$) (Release ID :102650) (104.52) For Pricing Fortnight 28.12.2014 to 13.1.2014 (Effective 16.1.2014) (61.35) 62.07
  • 12. Global crude oil price of Indian Basket marginally increases to US$ 104.52 per bbl on 17.1.2014 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 marginally increased to US$ 104.52 per barrel (bbl) on 17.01.2014. This was higher than the price of US$ 104.41 per bbl on previous trading day of 16.01.2014 In rupee terms however, the crude oil price of Indian Basket declined to Rs 6412.30 per bbl on 17.01.2014 as compared to Rs 6424.35 per bbl on 16.01.2014. This was due to Rupee appreciation which neutralised the impact of price increase in dollar terms. Rupee closed stronger at Rs 61.35 per US$ on 17.01.2014 against Rs 61.53 per US$ on 16.01.2014. The table below gives details in this regard: Price on January 17, 2014(Previous trading day i.e. 16.01.2014) For Pricing Fortnight 28.12.2014 to 13.1.2014 (Effective 16.1.2014) Particulars Unit Crude Oil (Indian Basket) ($/bbl) 104.52 (104.41) 106.18 (Rs/bbl 6412.30 (6424.35) 6590.59 Exchange Rate (Rs/$) 61.35 (61.53) 62.07 RCJ/Daily Crude oil price- 20.01.2014 (Release ID :102608)
  • 13. Global crude oil price of Indian Basket increased to US$ 104.41 per barrel (bbl) on 16.01.2014. Regarding international crude oil price of Indian Basket as computed/published today by PPAC, the price marginally increased to US$ 104.41 per barrel (bbl) on 16.01.2014. This was higher than the price of US$ 104.31 per bbl on previous trading day of 15.01.2014 In rupee terms, however, the crude oil price of Indian Basket remained almost unchanged at Rs 6424.35 per bbl on 16.01.2014 as compared to Rs 6424.45 per bbl on 15.01.2014. This was due to rupee appreciation which negated the impact of price rise is dollar terms. Rupee closed stronger at Rs 61.53 per US$ on 16.01.2014 against Rs 61.59 per US$ on 15.01.2014. The table below gives details in this regard Particulars Unit Price on January 16, 2014 (previous trading day-15.1.2014) Crude Oil ($/bbl) 104.41 (104.31) (Indian Basket) (Rs/bbl) 6424.35 (6424.45) Exchange Rate (Rs/$) 61.53 (61.59) RCJ – Under-recovery 17-1-2014 For Pricing Fortnight December 28 to 13,2014 effective 16.1.2014 106.18 6590.59 62.07
  • 14. Global crude oil price of Indian Basket marginally declines to US$ 104.31 per bbl on 15.1.2014 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 marginally declined to US$ 104.31 per barrel (bbl) on 15.01.2014. This was lower than the price of US$ 104.46 per bbl on previous trading day of 14.01.2014 In rupee terms also, the crude oil price of Indian Basket marginally declined to Rs 6424.45 per bbl on 15.01.2014 as compared to Rs 6426.38 per bbl on 14.01.2014. This was due to fall in price in dollar terms and also because of Rupee appreciation. Rupee closed stronger at Rs 61.59 per US$ on 15.01.2014 against Rs 61.52 per US$ on 14.01.2014. The table below gives details in this regard: Particulars Unit Crude Oil (Indian Basket) ($/bbl) 104.31 (104.46) 108.46 (Rs/bbl 6424.45 (6426.38) 6726.69 Exchange Rate (Rs/$) 61.59 (61.52) 62.02 Price on January 15, 2014(Previous trading day i.e. 14.01.2014) RCJ/Daily Crude oil price- 16.01.2014 (Release ID :102542) For Pricing Fortnight 12 to 27.12.2013 (Effective 1.1.2014)
  • 15. Global crude oil price of Indian Basket declines to US$ 104.46 per bbl on 14.1.2014 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 fell to US$ 104.46 per barrel (bbl) on 14.01.2014. This was lower than the price of US$ 104.93 per bbl on previous trading day of 13.01.2014 In rupee terms also, the crude oil price of Indian Basket declined to Rs 6426.38 per bbl on 14.01.2014 as compared to Rs 6455.29 per bbl on 13.01.2014. This was due to fall in price in dollar terms and also because of Rupee appreciation. Rupee closed stronger at Rs 61.52 per US$ on 14.01.2014 against Rs 61.52 per US$ on 13.01.2014. The table below gives details in this regard: Particulars Unit Price on January 14, 2014(Previous trading day i.e. 13.01.2014) For Pricing Fortnight 12 to 27.12.2013 ( Effective 1.1.2014) Crude Oil ($/bbl) (Indian Basket) (Rs/bbl 104.46 (104.93) 108.46 6426.38 (6455.29) 6726.69 Exchange Rate (Rs/$) 61.52 (61.52) 62.02 RCJ/Daily Crude oil price- 15.01.2014 (Release ID :102543)
  • 16. Global crude oil price of Indian Basket declines to US$ 104.77 per bbl on 10.1.2014 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 fell to US$ 104.77 per barrel (bbl) on 10.01.2014. This was lower than the price of US$ 105.11 per bbl on previous trading day of 09.01.2014 In rupee terms also, the crude oil price of Indian Basket declined to Rs 6489.45 per bbl on 10.01.2014 as compared to Rs 6535.74 per bbl on 09.01.2014. This was due to fall in price in dollar terms and also because of Rupee appreciation. Rupee closed stronger at Rs 61.94 per US$ on 10.01.2014 against Rs 62.18 per US$ on 09.01.2014. The table below gives details in this regard: Particulars Unit Crude Oil (Indian Basket) ($/bbl) 104.77 (105.11) 108.46 (Rs/bbl 6489.45 (6535.74) 6726.69 Exchange Rate (Rs/$) 61.94 (62.18) 62.02 Price on January 10, 2014(Previous trading day i.e. 09.01.2014) RCJ/Daily Crude oil price- 13.01.2014 (Release ID :102464) For Pricing Fortnight 12 to 27.12.2013 ( Effective 1.1.2014)
  • 17. Global crude oil price of Indian Basket declines marginally to US$ 105.11 per bbl on 9.1.2014 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 marginally to US$ 105.11 per barrel (bbl) on 09.01.2014. This was lower than the price of US$ 105.25 per bbl on previous trading day of 08.01.2014 In rupee terms also, the crude oil price of Indian Basket declined to Rs 6535.74 per bbl on 09.01.2014 as compared to Rs 6550.76 per bbl on 08.01.2014. This was due to fall in price in dollar terms and also because of Rupee appreciation. Rupee closed stronger at Rs 62.18 per US$ on 09.01.2014 against Rs 62.24 per US$ on 08.01.2014. The table below gives details in this regard: Particulars Unit Crude Oil (Indian ($/bbl) Basket) (Rs/bbl Exchange Rate (Rs/$) Price on January 09, For Pricing Fortnight 12 to 2014(Previous trading day i.e. 27.12.2013 ( Effective 1.1.2014) 08.01.2014) 105.11 (105.25) 108.46 6535.74 (6550.76) 6726.69 62.18 (62.24) 62.02 RCJ/Daily Crude oil price- 10.01.2014 (Release ID :102435)
  • 18. Global crude oil price of Indian Basket back to rising trend; closes at US$ 105.11/bbl on 7.1.2014 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 resumed upward movement rising to US$ 105.11/per barrel (bbl) on 07.01.2014. This was marginally higher than the price of US$ 104.96/bbl on previous trading day of 06.01.2014 In rupee terms also, the crude oil price of Indian Basket followed suit and increased to Rs 6556.76 per bbl on 07.01.2014 as compared to Rs 6542.16 /bbl on 06.01.2014. This was due to increase in price in dollar terms and Rupee depreciation. Rupee closed slightly weaker at Rs 62.38/US$ on 07.01.2014 against Rs 62.33/US$ on 06.01.2014. The table below gives details in this regard: Particulars Unit Crude Oil (Indian Basket) ($/bbl) 105.11 (104.96) 108.46 (Rs/bbl 6556.76 (6542.16) 6726.69 Exchange Rate (Rs/$) 62.38 (62.33) 62.02 Price on January 07, 2014(Previous trading day i.e. 06.01.2014) RCJ/Daily Crude oil price- 08.01.2014 (Release ID :102346) For Pricing Fortnight 12.12.2013 to 27.12.2013 ( Effective 1.1.2014)
  • 19. Global crude oil price of Indian Basket declines to US$ 104.96/bbl on 6.1.2014 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$ 104.96/per barrel (bbl) on 06.01.2014. This was lower than the price of US$ 105.65/bbl on previous trading day of 03.01.2014 In rupee terms also, the crude oil price of Indian Basket continued to decline closing at Rs 6542.16 per bbl on 06.01.2014 as compared to Rs 6593.62 /bbl on 03.01.2014. This was due to decline in price in dollar terms and Rupee appreciation. Rupee closed stronger at Rs 62.33/US$ on 06.01.2014 against Rs 62.41/US$ on 03.01.2014. The table below gives details in this regard: Particulars Unit Crude Oil (Indian ($/bbl) Basket) (Rs/bbl Exchange Rate (Rs/$) Price on January 06, For Pricing Fortnight 12.12.2013 2014(Previous trading day i.e. to 27.12.2013 03.01.2014) ( Effective 1.1.2014) 104.96 (105.65) 108.46 6542.16 (6593.62) 6726.69 62.33 (62.41) 62.02 RCJ/Daily Crude oil price- 07.01.2014 (Release ID :102330)
  • 20. Global crude oil price of Indian Basket decline to US$ 105.65/bbl on 3.1.2014 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 pull further to US$ 105.65/per barrel (bbl) on 03.01.2014. This was lower than the price of US$ 107.87bbl on previous trading day of 02.01.2014 In rupee terms also, the crude oil price of Indian Basket declined to Rs 6593.62 per bbl on 03.01.2014 as compared to Rs 6677.15 /bbl on 02.01.2014. This was due to decline in price in dollar terms with Rupee depreciation wiping out a part of the gains from fall price in dollar terms. Rupee closed weaker at Rs 62.41/US$ on 03.01.2014 against Rs 61.90/US$ on 02.01.2014. The table below gives details in this regard: Particulars Unit Price on January 03, 2014(Previous trading day i.e. 02.01.2014) For Pricing Fortnight 12.12.2013 to 27.12.2013 ( Effective 1.1.2014) Crude Oil ($/bbl) (Indian Basket) (Rs/bbl 105.65 (107.87) 108.46 6593.62 (6677.15) 6726.69 Exchange Rate (Rs/$) 62.41 (61.90) 62.02 RCJ/Daily Crude oil price- 06.01.2014 (Release ID :102313)
  • 21. Global crude oil price of Indian Basket decline to US$ 107.87/bbl on 2.1.2014 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$ 107.87/per barrel (bbl) on 02.01.2014. This was lower than the price of US$ 108.76/bbl on previous trading day of 01.01.2014 In rupee terms, also the crude oil price of Indian Basket fell to Rs 6677.15 perbbl on 02.01.2014 as compared to Rs 6735.51 /bbl on 01.01.2014. This was mainly due to fall in price in dollar terms. Rupee closed at Rs 61.90/US$ on 02.01.2014 against Rs 61.93/US$ on 01.01.2014. The table below gives details in this regard: Particulars Unit Price on January 02, 2014(Previous trading day i.e. 01.01.2014) For Pricing Fortnight 12.12.2013 to 27.12.2013 ( Effective 1.1.2014) Crude Oil ($/bbl) (Indian Basket) (Rs/bbl 107.87 (108.76) 108.46 6677.15 (6735.21) 6726.69 Exchange Rate (Rs/$) 61.90 (61.93) 62.02 RCJ/Daily Crude oil price- 03.01.2014 (Release ID :102288)
  • 22. Global crude oil price of Indian Basket remains unchanged at US$ 108.76/bbl on 01.01.2014 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 remains nattered at US$ 108.76/per barrel (bbl) on 01.01.2014. The as prevalent price on previous trading day of 31.12.2013. In rupee terms, though, the crude oil of price Indian Basket went up a fraction to Rs 6735.51 per bbl on 01.01.2014 as compared to Rs 6732.24 /bbl on 31.12.2013. This was due to slight rupee depreciation. Rupee closed at Rs 61.93/US$ on 01.01.2014 against Rs 61.90/US$ on 31.12.2013. The table below gives details in this regard: Particulars Unit Price on January 01, 2014(Previous trading day i.e. 31.12.2013) For Pricing Fortnight 12.12.2013 to 27.12.2013 ( Effective 1.1.2014) Crude Oil ($/bbl) (Indian Basket) (Rs/bbl 108.76 (108.76) 108.46 6735.51 (6732.24) 6726.69 Exchange Rate (Rs/$) 61.93 (61.90) 62.02 RCJ/Daily Crude oil price- 02.01.2014 (Release ID :102253)