business-india-news

Oil price of Indian Basket up marginally

New Delhi, Dec 19 : The international crude oil price of Indian Basket as computed/published on Thursday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went up marginally to US$ 107.42/per barrel (bbl) on Dec 18.


This was higher than the price of US$ 107.35/bbl which prevailed on the previous trading day of Dec 17.

In rupee terms also, the crude oil price remained almost stagnant at Rs 6651.45 per bbl on Dec 18 as compared to Rs 6651.41 /bbl on Dec 17.

This was due to marginal rupee appreciation almost off-setting the impact of increase in price in dollar terms.

Rupee-dollar exchange rate informed on Dec 18 to Rs 61.92/US$ against Rs 61.96/US$ on previous trading day of Dec 17.

--IBNS (Posted on 19-12-2013)

business-india-news headlines

Reliance Industries sees net profit of Rs.21,984 crore in 2013-14

Wipro Q4 profit rises by 29 percent, beats analyst estimates

Trade, commerce to drive India-US ties: Narendra Modi

PepsiCo launches free talk time offer

TCS, Twitter launch app to track Indian Elections

India's software market grew at 10pc in 2013: Research

Anand Mahindra, Banmali Agrawala, Ellen Lord named USIBC directors

Sigvaris appoints NovoMed as distributor in India

AGP launches talent division

Hotel Sahara Star honoured with award

eBay, CAIT partner to benefit Indian traders

Wipro ups IT revenue forecast for first quarter

Quick Links: Goa | Munnar | Pondicherry | Free Yearly Horoscope '2014

Comments

Your e-mail:


Your Full Name:


Type verification image:
verification image, type it in the box

Message:

Back to Top