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FEMA & RBI

Global crude oil price of Indian Basket increases to US$ 109.39/bbl on 21.01.2013

January 22, 2013

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Press Information Bureau

Government of India

Ministry of Petroleum & Natural Gas

22-January-2013 12:24 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 went up to US$ 109.39/barrel (bbl) on 21.01.2013. This was higher than the price of US$ 108.92/bbl prevailing on the previous trading day of 18.01.2013. 

In rupee terms also, the crude oil price went up to Rs 5892.84/bbl on 21.01.2013 as compared to Rs 5876.23/bbl on 18.01.2013. This was due to increase in price in dollar terms. Rupee dollar-exchange rate on 21.01.2013 was Rs 53.87/US$ against Rs 53.95/US$ on 18.01.2013. 

The table below gives details in this regard: 

Particulars

Unit

Price on 21 January, 2013

 (previous trading day

i.e. 18.01.2013)

Last Fortnight January  1-15, 2013

(previous fortnight

16-31, December 2012)

Crude Oil

(Indian Basket)

($/bbl)

          109.39      (108.92)     

109.08  (107.76)                

(Rs/bbl

        5892.84    (5876.23)  

 5969.95 (5912.79)  

Exchange Rate

(Rs/$)

            53.87        (53.95)       

54.73  (54.87)                         

RCJ/RKS –Daily Crude oil price- 22.01.2013

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Acts Income Tax
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