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 is lower at US$ 109.65 per barrel (bbl) This is based on figures available for last trading day of 30.1.2012. The price last published/computed on 30.1.2012 on the basis of trading figures of 27.1.2012 was US$ 109.83/bbl.

In rupee terms, the price was also lower at See full size image 5427.68 as published on 31.1.2012 against See full size image 5453.06 per bbl (published on 27.1.2012) due to rupee appreciation recording on exchange rate of See full size image49.50/ US$ against See full size image 49.65/US$ as published on 30.1.2012.

The table below gives details in this regard:

Particulars

Unit

Price on 31, January, 2012 (price published on 27.1.2012)

Fortnight

Jan 1-15, 2012

(previous fortnight Dec 16-31, 2011)

Crude Oil (Indian Basket)

($/bbl)

109.65 (109.83)

110. 95 (105.94)

(See full size image/bbl)

5427.68 (5453.06)

5,827.09 (5,610.58)

Exchange Rate

(See full size image/$)

49.50 (49.65)

52. 52 (52.96)

RCJ / – Daily Crude oil price- 31-01-2012

(Release ID :79992)