Oil price of Indian Basket remains same
New Delhi, Feb 13 : The international crude oil price for Indian Basket as computed/published on Wednesday by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas remained same at USUSD 114.68/barrel (bbl) on Feb 12 as it prevailed on the previous trading day of Feb 11. In rupee terms, however, the crude oil price of increased to Rs 6188.13 /bbl on Feb 12 as compared to Rs 6156.02 /bbl on Feb 11.
This was due to rupee depreciation.
Rupee dollar-exchange rate on Feb 12 at Rs 53.96/USUSD against Rs 53.68/USUSD on previous trading day of Feb 11.