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Press Information Bureau
Government of India
Ministry of Petroleum & Natural Gas
04-February, 2013 16:22 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$ 112.50/barrel (bbl) on 01.02.2013. This was higher than the price of US$ 112.39/bbl prevailing on the previous trading day of 31.01.2013.
In rupee terms also, the crude oil price increased to Rs 5998.50/bbl on 01.02.2013 as compared to Rs 5989.26/bbl on 31.01.2013. This was due to rupee depreciation as rupee dollar-exchange rate on 01.02.2013 at Rs 53.32/US$ against Rs 53.29/US$ on previous trading day of 31.01.2013
The table below gives details in this regard:
| Particulars | Unit | Price on 01 February, 2013 (previous trading day i.e. 31.01.2013) | Last Fortnight January 16-31, 2013 (previous fortnight i.e.1-15, January2013) |
| Crude Oil (Indian Basket) | ($/bbl) | 112.50 (112.39) | 109.95 (109.08) |
| (Rs/bbl | 5998.50 (5989.26) | 5926.31(5969.95) | |
| Exchange Rate | (Rs/$) | 53.32 (53.29) | 53.90 (54.73) |
RCJ/RKS –Daily Crude oil price- 04.02.2013