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      Home› news › FEMA & RBI › 2012 › October, 2012 › This
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      FEMA & RBI

      Global crude oil price of Indian basket Increases to US$ 107.65/bbl on 30.10.2012

      October 31, 2012

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      Press Information Bureau

      Government of India

      Ministry of Petroleum & Natural Gas

      31-October-2012 12:46 IST

      The international crude oil price for Indian Basket as computed/published today by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas rose to US$.107.65/barrel (bbl) on 30.10.2012. This was higher than US$ 107.29/bbl on the previous trading day’s figures of 29.10.2012.

      In rupee terms also, crude oil price increased to Rs 5831.40 per bbl on 30.10.2012 as compared to Rs 5773.27 per bbl on 29.10.2012. This was due to price increase in dollar terms and rupee depreciation with rupee-dollar exchange rate on 30.10.2012 at Rs 54.17 /US$ against Rs 53.81 /US$ on 29.10.2012.

      The table below gives details in this regard:

      Particulars

      Unit

      Price on 30 October, 2012 (previous trading day

      i.e.29.10.2012)

      Last Fortnight

      October  1-15,2012

      (previous fortnight

      16-30 September, 2012)

      Crude Oil

      (Indian Basket)

      ($/bbl)

                      107.65       (107.29)                 

       110.56    (109.91)               

      (Rs/bbl

                    5831.40     (5773.27)           

      5806.61 (5896.67) 

      Exchange Rate

      (Rs/$)

                        54.17          (53.81)          

          52.52     (53.65)                        

       RCJ/RKS –Daily Crude oil price- 31.10.2012

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