Global crude oil price of Indian Basket increases
The international crude oil price of Indian Basket as computed/published on Friday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went up to US$ 108.52 per barrel (bbl) on June 12..
This was higher than the price of US$ 107.13 per bbl on previous publishing day of June 11.
In rupee terms, the price of Indian Basket increased to Rs 6438.49 per bbl on June 12 as compared to Rs 6356.02 per bbl on June 11.
This was due to increase in price in dollar terms.
Rupee-dollar exchange rate remained unchanged at Rs 59.33 per US$ on June 12 as compared to June 11.
(Posted on 13-06-2014)