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September 4, 2026
Rupee rises 8 paise to close at 94.43 against US dollar
September 4, 2026
NSE gets regulatory nod for Rs 30,000 cr IPO, the biggest so far
Show AI Summary
Offer-for-sale IPO clearance enables existing exchange shareholders to monetise holdings, while sale proceeds remain outside the exchange.
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FEMA & RBI

International Price of Crude Oil - Indian Basket Rules at $ 122.95 Per bbl on 06.3.2012

March 7, 2012

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Press Information Bureau

Government of India

Ministry of Petroleum & Natural Gas

07-March-2012 12:54 IST

The international crude oil prices for Indian Basket as computed/published today by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was slightly lower at US$ 122.95 per barrel (bbl). The price, computed and published by PPAC on their website is based on last trading day’s figures of 06.03.2012. The price last computed/ published on 06.3.2012 based on trading figures of 5.3.2012, was US$ 123.16 per bbl.

In rupee terms however, the crude oil price was higher today at Rs 6151.19 against Rs 6133.37  per bbl published on 06.3.2012, due to rupee depreciation with rupee/dollar exchange rate at  Rs 50.03/US$ on 06.03.2012 against Rs 49.80/US$ on  05.3.2012.

The table below gives details in this regard:

Particulars

Unit

Price on 07 March, 2012 (previous trading day i.e. 06.3.2012)

Fortnight

Feb.16-29, 2012

(previous fortnight )

Crude Oil (Indian Basket)

($/bbl)

122.95    (123.16)

120.99      (114. 64)

(Rs/bbl)

6151.19  (6133.37)

5943.61   (5,639. 14)

Exchange Rate

(Rs/$)

50.03      (49.80)

49.12        (49.19)

 

 RCJ/RKS –Daily Crude oil price- 07-03-2012

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